Trend Table for IWDL - ETRACS 2x Leveraged US Value Factor TR ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 16	B	Weak or Absent	Up	Up	Up	0.00%
May 15	B	Weak or Absent	Up	Up	Up	-0.06%
May 13	C	Weak or Absent	Up	Up	Up	2.40%
May 10	C	Weak or Absent	Up	Up	Up	2.08%
May 9	C	Weak or Absent	Up	Up	Up	2.44%
May 8	C	Weak or Absent	Up	Up	Up	4.13%
May 3	C	Weak or Absent	Up	Down	Flat	6.57%
May 2	D	Weak or Absent	Up	Down	Down	7.84%
May 1	D	Weak or Absent	Up	Down	Down	8.76%
Apr 30	C	Weak or Absent	Up	Down	Down	8.14%