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
Jul 13	C	Strong	Up	Up	Up	59.02%
Jul 7	B	Strong	Up	Up	Up	68.64%
Jun 30	B	Strong	Up	Up	Up	63.50%
Jun 22	B	Strong	Up	Up	Up	68.49%
Jun 20	B	Strong	Up	Up	Up	68.03%
Jun 16	B	Strong	Up	Up	Up	66.59%
Jun 15	B	Weak or Absent	Up	Up	Up	66.04%
Jun 13	B	Weak or Absent	Up	Up	Up	71.28%
Jun 12	B	Weak or Absent	Up	Up	Up	73.33%
Jun 1	B	Weak or Absent	Up	Up	Up	80.88%