Trend Table for UTES - Reaves Utilities ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 26	C	Strong	Up	Up	Up	57.80%
Dec 22	D	Strong	Flat	Up	Down	60.55%
Dec 21	D	Strong	Flat	Up	Down	61.12%
Dec 20	D	Strong	Flat	Up	Down	61.10%
Dec 19	C	Strong	Up	Up	Flat	58.09%
Dec 18	C	Strong	Up	Up	Flat	58.88%
Dec 15	B	Strong	Up	Up	Flat	58.46%
Dec 14	B	Strong	Up	Up	Up	56.71%
Dec 13	B	Strong	Up	Up	Up	54.28%
Dec 12	B	Weak or Absent	Up	Up	Up	59.55%