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
Sep 20	A	Weak or Absent	Up	Up	Up	3.85%
Sep 19	A	Weak or Absent	Up	Up	Up	3.20%
Sep 18	B	Weak or Absent	Up	Up	Up	6.16%
Sep 17	B	Weak or Absent	Up	Up	Up	5.38%
Sep 13	B	Weak or Absent	Up	Up	Up	5.54%
Sep 12	B	Weak or Absent	Up	Up	Up	6.63%
Sep 11	B	Weak or Absent	Up	Up	Flat	7.92%
Sep 10	B	Weak or Absent	Up	Flat	Down	10.27%
Sep 9	C	Weak or Absent	Up	Flat	Down	10.99%
Sep 6	C	Weak or Absent	Up	Down	Down	13.50%