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
Mar 22	B	Weak or Absent	Down	Up	Down	105.51%
Mar 17	B	Weak or Absent	Down	Up	Down	107.83%
Mar 16	B	Weak or Absent	Down	Up	Down	105.04%
Mar 15	B	Weak or Absent	Down	Up	Down	113.45%
Mar 1	C	Weak or Absent	Down	Up	Down	109.34%
Feb 14	C	Weak or Absent	Down	Up	Up	90.25%
Feb 10	C	Weak or Absent	Down	Up	Up	95.27%
Feb 6	D	Weak or Absent	Down	Up	Up	91.44%
Feb 2	D	Weak or Absent	Down	Up	Up	84.28%
Feb 1	D	Weak or Absent	Down	Up	Up	91.47%