Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 31	D	Weak or Absent	Up	Down	Flat	36.60%
Jan 30	D	Weak or Absent	Up	Flat	Up	35.62%
Jan 29	D	Weak or Absent	Up	Flat	Flat	35.93%
Jan 26	D	Weak or Absent	Up	Flat	Flat	36.19%
Jan 25	D	Weak or Absent	Up	Down	Down	37.60%
Jan 24	D	Weak or Absent	Up	Down	Down	37.65%
Jan 23	D	Weak or Absent	Up	Flat	Down	36.50%
Jan 22	D	Weak or Absent	Up	Flat	Down	36.39%
Jan 19	D	Weak or Absent	Up	Flat	Down	36.86%
Jan 18	C	Weak or Absent	Up	Down	Down	37.49%