Trend Table for USML - ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 16	B	Strong	Up	Up	Up	30.24%
Jan 10	B	Strong	Up	Up	Up	30.51%
Jan 5	B	Strong	Up	Up	Up	32.30%
Jan 4	B	Weak or Absent	Up	Up	Up	31.77%
Jan 2	B	Weak or Absent	Up	Up	Up	30.73%
Dec 27	C	Weak or Absent	Up	Up	Up	32.81%
Dec 26	C	Weak or Absent	Up	Up	Up	32.91%
Dec 21	C	Weak or Absent	Up	Up	Up	34.63%
Dec 20	C	Weak or Absent	Up	Up	Up	36.21%
Dec 12	C	Weak or Absent	Up	Up	Up	33.93%