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 13	D	Weak or Absent	Down	Down	Up	37.73%
Jun 12	D	Weak or Absent	Down	Down	Up	38.53%
Jun 9	D	Weak or Absent	Down	Down	Up	37.73%
Jun 8	D	Strong	Down	Down	Up	38.33%
Jun 7	D	Strong	Down	Down	Up	39.19%
Jun 6	D	Strong	Down	Down	Up	39.70%
Jun 5	D	Strong	Down	Down	Up	40.27%
Jun 2	D	Strong	Down	Down	Flat	40.22%
Jun 1	D	Strong	Down	Down	Down	41.31%
May 31	D	Strong	Down	Down	Down	42.11%