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
Nov 2	C	Strong	Down	Down	Up	65.78%
Nov 1	D	Strong	Down	Down	Down	72.55%
Oct 30	C	Strong	Down	Down	Down	77.59%
Oct 27	C	Strong	Down	Down	Down	81.45%
Oct 26	C	Strong	Down	Down	Down	75.81%
Oct 24	C	Weak or Absent	Down	Down	Down	71.92%
Oct 19	C	Weak or Absent	Down	Down	Down	67.60%
Oct 18	D	Weak or Absent	Down	Down	Down	64.51%
Oct 13	D	Weak or Absent	Down	Down	Down	65.05%
Oct 10	D	Weak or Absent	Down	Down	Down	61.27%