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
Aug 8	B	Weak or Absent	Up	Up	Down	16.26%
Aug 7	B	Weak or Absent	Up	Flat	Down	19.95%
Aug 2	B	Weak or Absent	Up	Up	Down	14.35%
Aug 1	A	Weak or Absent	Up	Up	Flat	11.73%
Jul 31	A	Weak or Absent	Up	Up	Up	9.46%
Jul 30	A	Weak or Absent	Up	Up	Up	8.92%
Jul 26	A	Weak or Absent	Up	Up	Up	9.96%
Jul 25	A	Weak or Absent	Up	Up	Up	13.08%
Jul 24	A	Weak or Absent	Up	Up	Up	14.62%
Jul 23	B	Weak or Absent	Up	Up	Up	15.23%