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
Aug 8	A	Weak or Absent	Up	Up	Flat	10.09%
Aug 7	A	Weak or Absent	Up	Up	Down	12.68%
Aug 6	A	Weak or Absent	Up	Up	Down	12.21%
Aug 5	A	Weak or Absent	Up	Up	Down	13.97%
Aug 2	A	Weak or Absent	Up	Up	Up	9.01%
Aug 1	A	Weak or Absent	Up	Up	Up	8.70%
Jul 31	A	Weak or Absent	Up	Up	Up	8.56%
Jul 30	A	Weak or Absent	Up	Up	Up	9.07%
Jul 29	A	Weak or Absent	Up	Up	Up	9.81%
Jul 26	A	Weak or Absent	Up	Up	Up	10.31%