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
Jan 29	D	Weak or Absent	Up	Up	Up	-0.80%
Jan 26	C	Weak or Absent	Up	Up	Up	1.28%
Jan 25	C	Strong	Up	Up	Up	2.36%
Jan 24	D	Strong	Up	Down	Down	5.74%
Jan 23	D	Strong	Up	Down	Down	6.08%
Jan 22	C	Strong	Up	Up	Flat	2.05%
Jan 19	D	Strong	Up	Down	Down	7.78%
Jan 18	D	Strong	Up	Down	Down	9.89%
Jan 17	D	Strong	Up	Down	Down	9.18%
Jan 16	C	Strong	Up	Up	Down	4.43%