Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 23	A	Strong	Up	Up	Up	11.60%
Jul 22	A	Strong	Up	Up	Flat	12.27%
Jul 19	A	Strong	Up	Up	Up	11.60%
Jul 18	A	Strong	Up	Up	Up	11.44%
Jul 17	A	Strong	Up	Up	Up	10.97%
Jul 16	B	Weak or Absent	Up	Up	Up	12.19%
Jul 15	B	Weak or Absent	Up	Up	Up	12.70%
Jul 12	A	Weak or Absent	Up	Up	Up	11.95%
Jul 11	B	Weak or Absent	Up	Up	Up	13.39%
Jul 10	B	Weak or Absent	Up	Up	Up	14.24%