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
May 24	D	Weak or Absent	Down	Down	Down	67.46%
May 23	F	Weak or Absent	Down	Down	Flat	64.07%
May 22	D	Weak or Absent	Down	Down	Up	61.53%
May 18	D	Weak or Absent	Down	Down	Up	61.34%
May 17	F	Weak or Absent	Down	Down	Down	63.14%
May 16	D	Weak or Absent	Down	Down	Down	67.30%
May 15	D	Weak or Absent	Down	Down	Down	63.23%
May 11	D	Weak or Absent	Down	Down	Down	64.08%
May 10	D	Weak or Absent	Down	Down	Down	62.42%
May 9	D	Weak or Absent	Down	Down	Down	62.07%