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
Apr 23	B	Weak or Absent	Up	Up	Up	4.47%
Apr 22	C	Weak or Absent	Up	Down	Up	8.62%
Apr 19	D	Weak or Absent	Down	Down	Down	12.35%
Apr 18	D	Weak or Absent	Down	Down	Down	11.77%
Apr 17	D	Weak or Absent	Down	Down	Down	15.26%
Apr 16	D	Weak or Absent	Down	Down	Down	15.60%
Apr 15	D	Weak or Absent	Down	Down	Down	11.96%
Apr 12	D	Weak or Absent	Down	Down	Down	12.95%
Apr 11	C	Weak or Absent	Up	Down	Down	8.91%
Apr 10	D	Weak or Absent	Down	Down	Down	11.66%