Trend Table for CEFD - ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 31	B	Strong	Up	Up	Flat	12.40%
May 30	B	Strong	Up	Up	Down	13.74%
May 29	B	Strong	Up	Up	Down	14.13%
May 28	B	Strong	Up	Up	Flat	12.67%
May 24	B	Strong	Up	Up	Flat	12.10%
May 23	B	Strong	Up	Up	Flat	12.99%
May 22	A	Strong	Up	Up	Up	11.67%
May 21	B	Strong	Up	Up	Up	11.48%
May 20	B	Strong	Up	Up	Up	11.84%
May 17	B	Strong	Up	Up	Up	12.59%