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 27	D	Weak or Absent	Down	Up	Flat	45.59%
Jan 26	D	Weak or Absent	Down	Up	Flat	44.82%
Jan 25	D	Weak or Absent	Down	Up	Flat	45.18%
Jan 24	D	Weak or Absent	Down	Up	Flat	45.34%
Jan 23	D	Weak or Absent	Down	Up	Flat	45.41%
Jan 20	D	Weak or Absent	Down	Flat	Down	46.79%
Jan 19	D	Weak or Absent	Down	Down	Down	49.63%
Jan 13	C	Weak or Absent	Down	Up	Up	41.18%
Jan 12	C	Weak or Absent	Down	Up	Up	41.75%
Jan 9	B	Weak or Absent	Down	Up	Up	43.61%