Trend Table for MFD - Global Infrastructure/Utilities Dividend & Income

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 25	B	Weak or Absent	Up	Up	Up	18.97%
Jul 24	B	Weak or Absent	Up	Up	Up	19.11%
Jul 21	B	Weak or Absent	Up	Up	Up	18.16%
Jul 20	D	Weak or Absent	Flat	Up	Up	20.76%
Jul 19	D	Weak or Absent	Flat	Up	Up	21.52%
Jul 18	D	Weak or Absent	Down	Up	Up	21.61%
Jul 17	D	Weak or Absent	Down	Flat	Up	21.83%
Jul 14	D	Weak or Absent	Down	Flat	Up	21.83%
Jul 13	D	Strong	Flat	Up	Up	20.91%
Jul 12	F	Strong	Down	Down	Up	23.39%