Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 9	B	Weak or Absent	Up	Up	Up	15.50%
Jul 8	B	Weak or Absent	Up	Up	Flat	15.63%
Jul 5	B	Weak or Absent	Up	Flat	Flat	16.09%
Jul 3	C	Weak or Absent	Up	Flat	Down	16.95%
Jul 2	C	Weak or Absent	Up	Down	Down	17.25%
Jul 1	C	Weak or Absent	Up	Flat	Down	16.95%
Jun 28	B	Weak or Absent	Up	Flat	Down	16.56%
Jun 27	B	Weak or Absent	Up	Up	Flat	15.67%
Jun 26	B	Weak or Absent	Up	Up	Flat	15.67%
Jun 25	B	Weak or Absent	Up	Up	Flat	14.96%