Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 12	C	Weak or Absent	Down	Up	Up	33.80%
Jan 11	C	Weak or Absent	Down	Up	Up	34.46%
Jan 10	C	Weak or Absent	Down	Up	Up	35.73%
Jan 9	C	Weak or Absent	Down	Up	Up	36.10%
Jan 6	C	Weak or Absent	Down	Up	Up	38.52%
Jan 5	C	Weak or Absent	Down	Flat	Flat	40.35%
Jan 4	C	Weak or Absent	Down	Up	Up	37.91%
Jan 3	B	Weak or Absent	Down	Flat	Up	40.50%
Dec 30	D	Weak or Absent	Down	Down	Down	42.83%
Dec 29	C	Weak or Absent	Down	Down	Down	42.13%