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
Aug 2	B	Weak or Absent	Up	Up	Down	2.81%
Aug 1	C	Weak or Absent	Up	Up	Down	0.66%
Jul 31	C	Strong	Up	Up	Down	-1.25%
Jul 30	B	Strong	Up	Up	Up	-4.71%
Jul 29	B	Strong	Up	Up	Flat	-2.33%
Jul 26	B	Strong	Up	Up	Up	-2.94%
Jul 25	B	Strong	Up	Up	Flat	-1.25%
Jul 24	B	Strong	Up	Up	Flat	-1.10%
Jul 23	B	Strong	Up	Up	Up	-2.79%
Jul 22	B	Strong	Up	Up	Up	-1.25%