Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 24	A	Strong	Up	Up	Up	5.25%
Oct 23	A	Strong	Up	Up	Up	4.74%
Oct 22	A	Strong	Up	Up	Up	5.87%
Oct 21	A	Strong	Up	Up	Up	5.67%
Oct 18	A	Strong	Up	Up	Up	5.29%
Oct 17	A	Strong	Up	Up	Up	5.54%
Oct 16	B	Strong	Up	Up	Up	5.83%
Oct 15	B	Strong	Up	Up	Up	7.20%
Oct 14	C	Strong	Up	Up	Down	8.37%
Oct 11	C	Strong	Up	Up	Down	10.19%