Trend Table for SMHB - ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 19	B	Strong	Up	Up	Up	1.31%
Jul 18	B	Weak or Absent	Up	Up	Up	-1.65%
Jul 17	B	Weak or Absent	Up	Up	Up	-6.14%
Jul 16	C	Weak or Absent	Up	Up	Up	-3.54%
Jul 15	D	Weak or Absent	Up	Up	Up	1.47%
Jul 12	D	Weak or Absent	Up	Up	Up	4.41%
Jul 11	C	Weak or Absent	Up	Up	Up	2.47%
Jul 10	C	Weak or Absent	Up	Up	Up	7.74%
Jul 9	C	Weak or Absent	Up	Down	Up	10.91%
Jul 8	D	Weak or Absent	Down	Down	Down	14.48%