Trend Table for SCDL - ETRACS 2x Leveraged US Dividend Factor TR ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	C	Weak or Absent	Up	Down	Down	23.51%
May 22	C	Weak or Absent	Up	Up	Down	19.91%
May 21	C	Weak or Absent	Up	Up	Flat	18.90%
May 20	B	Weak or Absent	Up	Up	Up	18.28%
May 17	B	Weak or Absent	Up	Up	Up	17.06%
May 16	B	Weak or Absent	Up	Up	Up	17.08%
May 15	B	Weak or Absent	Up	Up	Up	16.79%
May 14	B	Weak or Absent	Up	Up	Up	17.88%
May 13	C	Weak or Absent	Up	Up	Up	18.58%
May 9	C	Weak or Absent	Up	Up	Up	19.69%