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 24	D	Weak or Absent	Up	Down	Down	12.51%
Jul 23	C	Weak or Absent	Up	Up	Down	7.17%
Jul 22	C	Strong	Up	Up	Down	6.44%
Jul 19	C	Strong	Up	Up	Down	9.38%
Jul 18	C	Strong	Up	Up	Down	7.31%
Jul 16	A	Strong	Up	Up	Up	2.50%
Jul 15	B	Strong	Up	Up	Up	4.13%
Jul 12	A	Strong	Up	Up	Up	4.68%
Jul 11	B	Strong	Up	Up	Up	6.01%
Jul 10	A	Strong	Up	Up	Up	4.20%