Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 6	D	Weak or Absent	Down	Flat	Up	41.55%
Jul 5	C	Weak or Absent	Flat	Up	Up	39.98%
Jul 3	D	Weak or Absent	Down	Flat	Up	41.09%
Jun 30	D	Weak or Absent	Down	Flat	Flat	42.07%
Jun 29	F	Weak or Absent	Down	Down	Down	43.38%
Jun 28	F	Weak or Absent	Down	Down	Down	44.07%
Jun 27	F	Weak or Absent	Down	Down	Flat	42.54%
Jun 26	F	Weak or Absent	Down	Down	Down	43.75%
Jun 23	F	Weak or Absent	Down	Down	Down	44.28%
Jun 22	F	Weak or Absent	Down	Down	Down	42.59%