Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	A	Weak or Absent	Up	Up	Up	33.90%
May 3	A	Weak or Absent	Up	Up	Up	35.56%
May 2	A	Weak or Absent	Up	Up	Up	36.43%
May 1	A	Weak or Absent	Up	Up	Flat	37.78%
Apr 30	A	Weak or Absent	Up	Up	Up	37.63%
Apr 29	B	Weak or Absent	Up	Up	Up	37.26%
Apr 26	B	Weak or Absent	Up	Up	Up	37.89%
Apr 25	B	Weak or Absent	Up	Up	Up	37.73%
Apr 24	B	Weak or Absent	Up	Up	Up	37.31%
Apr 23	B	Weak or Absent	Up	Up	Up	37.78%