Trend Table for HDLB - ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	B	Weak or Absent	Up	Up	Up	33.69%
May 16	A	Weak or Absent	Up	Up	Up	33.39%
May 15	A	Weak or Absent	Up	Up	Up	33.59%
May 14	A	Weak or Absent	Up	Up	Up	34.46%
May 13	A	Weak or Absent	Up	Up	Up	35.34%
May 10	B	Weak or Absent	Up	Up	Up	37.92%
May 9	C	Weak or Absent	Up	Up	Up	37.35%
May 8	C	Weak or Absent	Up	Up	Up	39.84%
May 7	C	Weak or Absent	Up	Up	Up	40.10%
May 6	C	Weak or Absent	Up	Up	Up	40.87%