Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 24	D	Weak or Absent	Down	Down	Down	41.71%
Feb 23	F	Weak or Absent	Down	Down	Down	41.56%
Feb 22	F	Weak or Absent	Down	Down	Down	41.31%
Feb 21	F	Weak or Absent	Down	Down	Down	39.98%
Feb 17	F	Weak or Absent	Down	Down	Down	38.35%
Feb 16	F	Weak or Absent	Down	Down	Down	37.64%
Feb 15	D	Weak or Absent	Down	Flat	Down	37.08%
Feb 14	C	Weak or Absent	Down	Flat	Flat	36.29%
Feb 13	D	Weak or Absent	Down	Flat	Flat	36.43%
Feb 10	D	Weak or Absent	Down	Flat	Down	37.03%