Trend Table for USML - ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 15	C	Strong	Up	Flat	Flat	0.00%
Nov 12	B	Strong	Up	Up	Up	-4.10%
Nov 6	B	Strong	Up	Up	Up	-2.75%
Nov 5	C	Strong	Up	Down	Down	1.03%
Nov 4	C	Strong	Up	Down	Down	2.91%
Oct 31	C	Strong	Up	Down	Down	2.52%
Oct 29	C	Strong	Up	Flat	Down	0.41%
Oct 25	C	Strong	Up	Flat	Down	0.38%
Oct 24	C	Strong	Up	Up	Down	-1.01%
Oct 23	C	Strong	Up	Up	Down	-1.66%