Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 24	B	Weak or Absent	Up	Up	Flat	24.58%
Jun 21	B	Weak or Absent	Up	Up	Flat	25.26%
Jun 20	B	Weak or Absent	Up	Up	Down	25.67%
Jun 18	B	Strong	Up	Up	Down	26.55%
Jun 17	B	Strong	Up	Up	Down	24.67%
Jun 14	A	Strong	Up	Up	Up	23.02%
Jun 13	B	Strong	Up	Up	Down	24.57%
Jun 12	B	Strong	Up	Up	Down	24.48%
Jun 11	B	Strong	Up	Up	Flat	24.57%
Jun 10	B	Strong	Up	Up	Down	25.20%