Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 26	D	Strong	Up	Up	Down	40.77%
Dec 22	D	Strong	Up	Up	Down	42.38%
Dec 21	D	Strong	Up	Up	Down	42.00%
Dec 20	C	Strong	Up	Up	Down	40.77%
Dec 19	C	Strong	Up	Up	Flat	39.20%
Dec 18	C	Strong	Up	Up	Flat	39.72%
Dec 15	C	Strong	Up	Up	Flat	39.26%
Dec 14	B	Strong	Up	Up	Up	35.77%
Dec 13	B	Strong	Up	Up	Up	35.33%
Dec 12	B	Strong	Up	Up	Up	40.16%