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
Jan 25	C	Strong	Down	Up	Up	20.36%
Jan 24	C	Strong	Down	Up	Up	20.04%
Jan 23	C	Strong	Down	Up	Up	19.95%
Jan 20	C	Strong	Down	Up	Up	21.07%
Jan 19	C	Strong	Down	Up	Up	22.31%
Jan 18	C	Strong	Down	Up	Up	21.56%
Jan 17	C	Strong	Down	Up	Up	21.32%
Jan 13	C	Strong	Down	Up	Up	21.97%
Jan 12	C	Strong	Down	Up	Up	21.58%
Jan 11	D	Strong	Down	Up	Up	20.92%