Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	A	Strong	Up	Up	Up	24.98%
Jul 17	A	Strong	Up	Up	Up	24.46%
Jul 16	B	Weak or Absent	Up	Up	Up	25.82%
Jul 15	B	Weak or Absent	Up	Up	Up	26.40%
Jul 12	A	Weak or Absent	Up	Up	Up	25.55%
Jul 11	B	Weak or Absent	Up	Up	Up	27.16%
Jul 10	B	Weak or Absent	Up	Up	Up	28.12%
Jul 9	B	Weak or Absent	Up	Up	Up	29.33%
Jul 8	B	Weak or Absent	Up	Up	Flat	29.47%
Jul 5	B	Weak or Absent	Up	Flat	Flat	29.99%