Trend Table for UTG - Reaves Utility Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 12	A	Very Strong	Up	Up	Up	14.61%
Sep 11	A	Very Strong	Up	Up	Up	15.03%
Sep 10	A	Very Strong	Up	Up	Up	13.76%
Sep 9	A	Very Strong	Up	Up	Up	15.40%
Sep 6	A	Very Strong	Up	Up	Up	16.20%
Sep 5	A	Strong	Up	Up	Up	16.63%
Sep 4	A	Strong	Up	Up	Flat	17.45%
Sep 3	A	Strong	Up	Up	Up	16.59%
Aug 30	A	Strong	Up	Up	Up	17.02%
Aug 29	A	Strong	Up	Up	Up	17.09%