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
Aug 15	C	Weak or Absent	Down	Flat	Up	89.40%
Aug 11	D	Weak or Absent	Down	Down	Up	92.04%
Aug 7	D	Weak or Absent	Down	Up	Up	85.83%
Aug 3	D	Weak or Absent	Down	Up	Up	89.24%
Jun 28	F	Weak or Absent	Down	Down	Up	95.78%
Jun 6	F	Weak or Absent	Down	Down	Flat	108.11%
May 31	F	Weak or Absent	Down	Down	Down	116.27%
May 30	F	Weak or Absent	Down	Down	Down	114.37%
May 24	D	Weak or Absent	Down	Down	Up	107.08%
May 23	D	Weak or Absent	Down	Down	Up	105.45%