Trend Table for MTUL - ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	B	Weak or Absent	Up	Up	Up	0.00%
May 13	C	Weak or Absent	Up	Flat	Up	5.75%
May 10	C	Weak or Absent	Up	Up	Up	4.68%
May 8	C	Weak or Absent	Up	Up	Up	5.27%
May 7	C	Weak or Absent	Up	Up	Up	5.48%
May 6	C	Weak or Absent	Up	Up	Up	5.24%
May 3	D	Weak or Absent	Up	Down	Up	9.46%
May 2	C	Weak or Absent	Up	Down	Flat	12.96%
May 1	D	Weak or Absent	Up	Down	Down	14.93%
Apr 30	D	Weak or Absent	Up	Down	Down	12.84%