Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 3	D	Weak or Absent	Down	Flat	Down	41.36%
Aug 2	C	Weak or Absent	Up	Up	Down	39.37%
Aug 1	C	Weak or Absent	Up	Up	Down	39.43%
Jul 31	C	Weak or Absent	Up	Up	Flat	37.74%
Jul 28	B	Weak or Absent	Up	Up	Up	37.49%
Jul 27	C	Weak or Absent	Up	Up	Flat	38.58%
Jul 26	B	Weak or Absent	Up	Up	Up	37.10%
Jul 25	B	Weak or Absent	Up	Up	Up	37.35%
Jul 24	B	Weak or Absent	Up	Up	Up	37.49%
Jul 21	B	Weak or Absent	Up	Up	Up	37.35%