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
Jul 12	C	Weak or Absent	Up	Up	Up	46.75%
Jul 11	B	Weak or Absent	Up	Up	Up	47.82%
Jul 10	B	Weak or Absent	Up	Up	Up	51.18%
Jul 6	B	Weak or Absent	Up	Up	Flat	53.12%
Jul 5	B	Weak or Absent	Up	Up	Up	50.01%
Jul 3	B	Weak or Absent	Up	Up	Up	48.47%
Jun 27	B	Weak or Absent	Up	Up	Up	53.76%
Jun 22	B	Weak or Absent	Up	Up	Flat	55.84%
Jun 21	B	Weak or Absent	Up	Up	Up	54.61%
Jun 20	C	Weak or Absent	Up	Up	Up	53.86%