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 22	C	Strong	Up	Up	Flat	13.83%
Jul 18	C	Strong	Up	Up	Flat	14.07%
Jul 17	B	Strong	Up	Up	Up	12.67%
Jul 16	B	Strong	Up	Up	Up	10.47%
Jul 9	B	Strong	Up	Up	Up	13.86%
Jul 8	B	Strong	Up	Up	Flat	13.99%
Jul 5	B	Strong	Up	Up	Flat	14.49%
Jul 2	B	Strong	Up	Up	Flat	14.18%
Jun 28	B	Strong	Up	Up	Flat	14.54%
Jun 27	B	Strong	Up	Up	Flat	15.23%