Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	D	Weak or Absent	Up	Down	Down	42.83%
Jan 24	D	Weak or Absent	Up	Down	Down	42.89%
Jan 23	D	Weak or Absent	Up	Flat	Down	41.69%
Jan 22	D	Weak or Absent	Up	Flat	Down	41.58%
Jan 19	D	Weak or Absent	Up	Flat	Down	42.07%
Jan 18	C	Weak or Absent	Up	Down	Down	42.72%
Jan 17	B	Weak or Absent	Up	Up	Down	40.62%
Jan 16	C	Weak or Absent	Up	Up	Down	39.62%
Jan 12	C	Weak or Absent	Up	Up	Down	38.89%
Jan 11	C	Strong	Up	Up	Down	37.86%