Trend Table for FNGS - MicroSectors FANG ETNs due January 8, 2038

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 6	A	Weak or Absent	Up	Up	Up	1.30%
Nov 5	B	Weak or Absent	Up	Up	Up	4.22%
Nov 4	B	Weak or Absent	Up	Up	Down	6.06%
Nov 1	B	Weak or Absent	Up	Up	Down	5.53%
Oct 31	B	Weak or Absent	Up	Up	Down	6.65%
Oct 30	A	Weak or Absent	Up	Up	Up	3.22%
Oct 29	A	Weak or Absent	Up	Up	Up	2.94%
Oct 28	B	Weak or Absent	Up	Up	Flat	4.89%
Oct 25	A	Weak or Absent	Up	Up	Flat	4.89%
Oct 24	B	Weak or Absent	Up	Up	Flat	5.16%