Trend Table for QULL - ETRACS 2x Leveraged MSCI US Quality Factor TR ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 5	A	Strong	Up	Up	Up	29.64%
Feb 2	A	Strong	Up	Up	Up	29.34%
Feb 1	A	Strong	Up	Up	Up	33.13%
Jan 31	B	Strong	Up	Up	Up	35.72%
Jan 30	A	Strong	Up	Up	Up	32.17%
Jan 29	A	Strong	Up	Up	Up	32.28%
Jan 22	A	Strong	Up	Up	Up	34.33%
Jan 17	A	Strong	Up	Up	Flat	41.79%
Jan 16	A	Strong	Up	Up	Up	40.76%
Jan 11	A	Strong	Up	Up	Up	40.10%