Trend Table for SMHB - ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	C	Strong	Up	Up	Up	1.48%
Jan 24	D	Strong	Up	Down	Down	4.83%
Jan 23	D	Strong	Up	Down	Down	5.16%
Jan 22	C	Strong	Up	Up	Flat	1.17%
Jan 19	D	Strong	Up	Down	Down	6.84%
Jan 18	D	Strong	Up	Down	Down	8.94%
Jan 17	D	Strong	Up	Down	Down	8.23%
Jan 16	C	Strong	Up	Up	Down	3.52%
Jan 12	C	Strong	Up	Up	Down	-1.95%
Jan 11	C	Strong	Up	Up	Down	-0.66%