Trend Table for BULZ - MicroSectors FANG & Innovation 3x Leveraged ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	C	Weak or Absent	Up	Up	Up	0.00%
May 14	D	Weak or Absent	Up	Flat	Up	5.65%
May 13	D	Weak or Absent	Up	Down	Up	8.34%
May 10	D	Weak or Absent	Up	Down	Up	10.04%
May 9	D	Weak or Absent	Up	Down	Up	10.35%
May 8	D	Weak or Absent	Up	Down	Up	8.34%
May 7	D	Weak or Absent	Up	Down	Up	7.74%
May 6	D	Weak or Absent	Up	Down	Up	6.72%
May 3	D	Weak or Absent	Up	Down	Up	12.93%
May 2	C	Weak or Absent	Up	Down	Up	19.82%