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
Dec 5	B	Weak or Absent	Down	Up	Up	38.83%
Dec 2	C	Weak or Absent	Down	Up	Up	35.56%
Dec 1	C	Weak or Absent	Down	Up	Up	35.96%
Nov 30	C	Weak or Absent	Down	Up	Up	36.48%
Nov 29	D	Weak or Absent	Down	Up	Up	42.28%
Nov 28	D	Weak or Absent	Down	Up	Up	42.07%
Nov 22	D	Weak or Absent	Down	Up	Up	40.61%