Trend Table for QULL - ETRACS 2x Leveraged MSCI US Quality Factor TR ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	B	Weak or Absent	Up	Up	Down	0.00%
Nov 19	B	Weak or Absent	Up	Up	Down	0.59%
Nov 18	B	Weak or Absent	Up	Flat	Down	1.26%
Nov 15	B	Weak or Absent	Up	Flat	Down	1.28%
Nov 14	B	Weak or Absent	Up	Up	Up	-2.00%
Nov 13	B	Weak or Absent	Up	Up	Up	-3.01%
Nov 12	B	Weak or Absent	Up	Up	Up	-3.54%
Nov 11	B	Weak or Absent	Up	Up	Up	-3.64%
Nov 8	A	Weak or Absent	Up	Up	Up	-5.85%
Nov 7	A	Weak or Absent	Up	Up	Up	-3.30%