Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 25	B	Weak or Absent	Up	Up	Flat	14.52%
Jun 24	B	Weak or Absent	Up	Up	Flat	14.69%
Jun 21	B	Weak or Absent	Up	Up	Flat	15.31%
Jun 20	B	Weak or Absent	Up	Up	Down	15.69%
Jun 18	B	Strong	Up	Up	Down	16.50%
Jun 17	B	Strong	Up	Up	Down	14.77%
Jun 14	A	Strong	Up	Up	Up	13.25%
Jun 13	B	Strong	Up	Up	Down	14.68%
Jun 12	B	Strong	Up	Up	Down	14.59%
Jun 11	B	Strong	Up	Up	Flat	14.68%