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
Jun 17	A	Weak or Absent	Up	Up	Up	5.17%
Jun 14	A	Weak or Absent	Up	Up	Up	8.07%
Jun 13	A	Weak or Absent	Up	Up	Up	7.50%
Jun 12	A	Weak or Absent	Up	Up	Up	9.04%
Jun 11	A	Weak or Absent	Up	Up	Up	11.84%
Jun 7	B	Weak or Absent	Up	Up	Up	13.35%
Jun 6	B	Weak or Absent	Up	Up	Up	13.35%
Jun 5	A	Weak or Absent	Up	Up	Up	12.24%
Jun 4	B	Weak or Absent	Up	Up	Down	17.19%
Jun 3	C	Weak or Absent	Up	Up	Down	16.74%