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
Jul 13	D	Weak or Absent	Down	Up	Up	41.34%
Jun 30	C	Weak or Absent	Down	Up	Up	40.76%
Jun 27	C	Weak or Absent	Down	Up	Up	44.33%
Jun 22	D	Weak or Absent	Down	Up	Up	44.62%
Jun 21	D	Weak or Absent	Down	Up	Up	44.73%
Jun 20	D	Weak or Absent	Down	Up	Up	44.43%
Jun 9	D	Weak or Absent	Down	Flat	Up	48.61%
Jun 8	F	Weak or Absent	Down	Flat	Flat	48.62%
Jun 6	F	Weak or Absent	Down	Down	Down	50.40%
Jun 5	D	Weak or Absent	Down	Down	Down	49.32%