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
Aug 8	C	Strong	Up	Up	Down	58.49%
Aug 7	C	Strong	Up	Up	Flat	57.21%
Aug 4	C	Strong	Up	Up	Down	61.03%
Aug 3	C	Strong	Up	Up	Flat	58.53%
Aug 2	B	Strong	Up	Up	Up	57.63%
Aug 1	B	Strong	Up	Up	Up	53.22%
Jul 31	C	Strong	Up	Up	Up	53.40%
Jul 27	B	Strong	Up	Up	Up	56.22%
Jul 25	B	Strong	Up	Up	Up	54.38%
Jul 17	C	Strong	Up	Up	Up	57.15%