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
Oct 2	C	Weak or Absent	Up	Up	Flat	3.91%
Oct 1	B	Weak or Absent	Up	Up	Flat	4.42%
Sep 30	C	Weak or Absent	Up	Up	Up	2.97%
Sep 27	C	Weak or Absent	Up	Up	Up	3.06%
Sep 26	C	Weak or Absent	Up	Up	Up	3.42%
Sep 25	C	Weak or Absent	Up	Up	Up	2.83%
Sep 24	C	Weak or Absent	Up	Up	Up	3.20%
Sep 23	C	Weak or Absent	Up	Up	Up	3.94%
Sep 20	C	Weak or Absent	Up	Up	Up	5.02%
Sep 19	D	Weak or Absent	Up	Up	Up	5.81%