Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 24	D	Weak or Absent	Down	Down	Down	42.20%
Aug 23	D	Weak or Absent	Down	Down	Down	41.88%
Aug 22	D	Weak or Absent	Down	Down	Down	42.75%
Aug 21	D	Weak or Absent	Down	Down	Down	42.97%
Aug 18	D	Weak or Absent	Down	Down	Down	41.77%
Aug 17	D	Weak or Absent	Down	Down	Down	40.49%
Aug 16	D	Weak or Absent	Down	Down	Down	39.38%
Aug 15	D	Weak or Absent	Down	Down	Flat	38.77%
Aug 14	D	Weak or Absent	Down	Down	Flat	38.10%
Aug 11	D	Weak or Absent	Down	Down	Down	38.41%