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
Jan 30	A	Weak or Absent	Up	Up	Up	34.98%
Jan 29	A	Weak or Absent	Up	Up	Up	35.88%
Jan 25	A	Weak or Absent	Up	Up	Up	37.32%
Jan 23	A	Weak or Absent	Up	Up	Flat	38.79%
Jan 22	C	Weak or Absent	Up	Up	Flat	39.24%
Jan 19	C	Weak or Absent	Up	Up	Down	40.38%
Jan 16	B	Weak or Absent	Up	Up	Down	41.69%
Jan 12	C	Strong	Up	Up	Down	39.57%
Jan 11	B	Strong	Up	Up	Down	39.45%
Jan 10	B	Strong	Up	Up	Down	38.52%