Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 6	B	Strong	Up	Up	Flat	6.50%
Nov 5	B	Strong	Up	Up	Down	7.87%
Nov 4	B	Strong	Up	Flat	Down	9.20%
Nov 1	B	Strong	Up	Up	Down	7.53%
Oct 31	A	Strong	Up	Up	Down	6.14%
Oct 30	A	Strong	Up	Up	Down	6.24%
Oct 29	B	Strong	Up	Up	Down	6.70%
Oct 28	A	Strong	Up	Up	Up	4.76%
Oct 25	A	Strong	Up	Up	Flat	5.69%
Oct 24	A	Strong	Up	Up	Up	5.04%