Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 10	B	Strong	Up	Up	Up	35.99%
Jan 9	B	Strong	Up	Up	Up	35.70%
Jan 8	B	Strong	Up	Up	Up	35.90%
Jan 5	A	Strong	Up	Up	Up	36.24%
Jan 4	A	Strong	Up	Up	Up	36.74%
Jan 3	A	Strong	Up	Up	Up	36.19%
Jan 2	B	Strong	Up	Up	Up	37.71%
Dec 29	B	Strong	Up	Up	Up	39.15%
Dec 28	C	Strong	Up	Up	Flat	39.25%
Dec 27	D	Strong	Up	Up	Flat	39.72%