Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 27	D	Weak or Absent	Down	Up	Flat	35.36%
Jan 26	D	Weak or Absent	Down	Up	Flat	35.41%
Jan 25	D	Weak or Absent	Down	Up	Flat	35.23%
Jan 24	D	Weak or Absent	Down	Up	Flat	35.59%
Jan 23	D	Weak or Absent	Down	Up	Flat	35.32%
Jan 20	D	Weak or Absent	Down	Up	Down	36.55%
Jan 19	C	Weak or Absent	Down	Up	Down	37.20%
Jan 18	C	Weak or Absent	Down	Up	Flat	36.00%
Jan 17	C	Weak or Absent	Down	Up	Up	33.09%
Jan 13	C	Weak or Absent	Down	Up	Up	33.35%