Trend Table for IFED - ETRACS IFED Invest with the Fed TR Index ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 14	B	Weak or Absent	Up	Up	Up	44.86%
Jul 13	B	Weak or Absent	Up	Up	Up	44.19%
Jul 12	C	Weak or Absent	Up	Up	Up	45.18%
Jun 9	C	Weak or Absent	Up	Up	Up	49.47%
Jun 8	C	Weak or Absent	Up	Up	Up	49.30%
Jun 6	B	Weak or Absent	Up	Up	Up	50.45%
Jun 1	D	Weak or Absent	Flat	Down	Up	55.02%
May 23	D	Weak or Absent	Down	Down	Flat	56.74%
May 4	D	Weak or Absent	Down	Down	Down	63.13%
May 1	D	Weak or Absent	Down	Down	Up	55.98%