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 19	D	Weak or Absent	Down	Down	Up	101.10%
Apr 3	D	Weak or Absent	Down	Down	Up	94.54%
Mar 31	D	Weak or Absent	Down	Down	Up	102.91%
Mar 29	F	Weak or Absent	Down	Down	Down	107.02%
Mar 20	D	Weak or Absent	Down	Down	Down	116.22%
Mar 16	F	Weak or Absent	Down	Down	Down	116.86%
Mar 15	F	Weak or Absent	Down	Down	Down	122.06%
Mar 13	F	Weak or Absent	Down	Down	Down	116.96%
Mar 3	F	Weak or Absent	Down	Down	Flat	93.66%
Feb 28	F	Weak or Absent	Down	Down	Down	102.38%