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
Jul 31	B	Strong	Up	Up	Up	21.36%
Jul 30	A	Strong	Up	Up	Up	19.49%
Jul 29	A	Strong	Up	Up	Up	21.38%
Jul 26	A	Strong	Up	Up	Up	20.53%
Jul 25	A	Strong	Up	Up	Up	25.06%
Jul 24	A	Strong	Up	Up	Up	26.90%
Jul 23	C	Strong	Up	Up	Flat	29.53%
Jul 22	B	Strong	Up	Up	Up	26.64%
Jul 19	A	Strong	Up	Up	Up	25.36%
Jul 18	A	Strong	Up	Up	Up	24.77%