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
May 1	D	Weak or Absent	Up	Down	Down	31.70%
Apr 30	D	Weak or Absent	Up	Down	Down	29.31%
Apr 25	D	Weak or Absent	Up	Down	Down	30.10%
Apr 24	D	Weak or Absent	Up	Down	Down	28.91%
Apr 22	D	Weak or Absent	Up	Down	Down	33.57%
Apr 19	D	Weak or Absent	Up	Down	Down	36.15%
Apr 18	B	Weak or Absent	Up	Down	Down	28.51%
Apr 17	B	Weak or Absent	Up	Down	Down	26.54%
Apr 16	C	Weak or Absent	Up	Flat	Down	23.21%
Apr 15	C	Weak or Absent	Up	Down	Down	24.51%