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 7	B	Strong	Up	Up	Flat	23.93%
Jun 6	A	Strong	Up	Up	Up	22.65%
Jun 5	A	Strong	Up	Up	Flat	22.96%
Jun 4	A	Strong	Up	Up	Up	22.26%
Jun 3	A	Strong	Up	Up	Up	22.65%
May 31	A	Strong	Up	Up	Up	21.48%
May 30	B	Strong	Up	Up	Down	24.19%
May 29	B	Strong	Up	Up	Down	25.73%
May 28	B	Strong	Up	Up	Down	24.42%
May 24	B	Strong	Up	Up	Down	24.28%