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
Jun 15	C	Weak or Absent	Up	Up	Up	51.05%
Jun 13	C	Weak or Absent	Up	Up	Up	53.78%
Jun 9	C	Weak or Absent	Flat	Up	Up	57.11%
Jun 7	C	Weak or Absent	Flat	Flat	Up	57.11%
Jun 6	D	Weak or Absent	Down	Down	Up	59.41%
Jun 5	D	Weak or Absent	Down	Down	Up	61.33%
Jun 2	D	Weak or Absent	Down	Down	Up	60.22%
Jun 1	D	Weak or Absent	Down	Down	Down	66.75%
May 31	D	Weak or Absent	Down	Down	Down	69.08%
May 25	D	Weak or Absent	Down	Down	Down	69.12%