Trend Table for IWDL - ETRACS 2x Leveraged US Value Factor TR ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 11	A	Strong	Up	Up	Up	25.07%
Mar 8	A	Strong	Up	Up	Up	25.58%
Mar 7	A	Strong	Up	Up	Up	25.49%
Mar 6	A	Strong	Up	Up	Up	26.86%
Mar 5	A	Strong	Up	Up	Up	28.39%
Mar 4	A	Strong	Up	Up	Up	27.51%
Mar 1	A	Strong	Up	Up	Up	27.94%
Feb 29	A	Strong	Up	Up	Up	28.89%
Feb 28	A	Strong	Up	Up	Up	30.20%
Feb 23	A	Weak or Absent	Up	Up	Up	29.72%