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 5	C	Weak or Absent	Up	Flat	Down	10.85%
Sep 4	B	Weak or Absent	Up	Up	Down	9.07%
Aug 30	A	Weak or Absent	Up	Up	Up	4.20%
Aug 29	B	Weak or Absent	Up	Up	Up	5.82%
Aug 28	B	Weak or Absent	Up	Up	Up	5.60%
Aug 27	A	Weak or Absent	Up	Up	Up	4.21%
Aug 26	B	Weak or Absent	Up	Up	Up	5.09%
Aug 22	B	Weak or Absent	Up	Up	Up	6.74%
Aug 20	B	Weak or Absent	Up	Up	Up	6.25%
Aug 16	C	Weak or Absent	Up	Up	Up	7.73%