Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	B	Strong	Up	Up	Up	0.00%
May 16	A	Strong	Up	Up	Up	-0.49%
May 15	B	Strong	Up	Up	Up	0.32%
May 14	A	Strong	Up	Up	Up	1.10%
May 13	A	Strong	Up	Up	Up	0.82%
May 10	A	Weak or Absent	Up	Up	Up	1.47%
May 9	A	Weak or Absent	Up	Up	Up	2.42%
May 8	A	Weak or Absent	Up	Up	Up	3.84%
May 7	A	Weak or Absent	Up	Up	Up	4.29%
May 6	A	Weak or Absent	Up	Up	Up	5.34%