Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 10	D	Weak or Absent	Down	Flat	Down	37.25%
Feb 9	D	Weak or Absent	Down	Down	Down	39.19%
Feb 8	F	Weak or Absent	Down	Down	Down	37.53%
Feb 7	D	Weak or Absent	Down	Up	Flat	35.64%
Feb 6	D	Weak or Absent	Down	Up	Down	35.87%
Feb 3	D	Weak or Absent	Down	Up	Flat	35.09%
Feb 2	D	Weak or Absent	Down	Up	Up	33.97%
Feb 1	D	Weak or Absent	Down	Up	Up	34.33%
Jan 31	C	Weak or Absent	Down	Up	Up	34.87%
Jan 30	D	Weak or Absent	Down	Up	Flat	35.68%