Trend Table for MTUL - ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 3	B	Strong	Up	Up	Up	5.10%
Jul 2	B	Strong	Up	Up	Flat	6.88%
Jul 1	B	Strong	Up	Up	Down	7.92%
Jun 28	B	Strong	Up	Up	Down	8.34%
Jun 27	B	Strong	Up	Up	Down	8.13%
Jun 26	B	Strong	Up	Up	Down	8.26%
Jun 25	B	Strong	Up	Up	Flat	7.88%
Jun 24	C	Strong	Up	Up	Down	9.54%
Jun 20	A	Weak or Absent	Up	Up	Up	5.71%
Jun 18	A	Weak or Absent	Up	Up	Up	3.85%