19
10/8/2010 Upward Momentum Momentum is changing Downward Momentum I trade only when momentum is changing (orange arrow) and shortly after the 50 day moving average is crossing the 200 day moving average. CATEGORY SUB-CATEGORY TICKER ETF NAME 50 day moving average 200 day moving average % 50 day is above ( below ) 200 day TRADABILITY Position dictated by 50 200 Moving Average system is.. Important Benchmark S&P 500 SPY SPDRs 111.30 $ 112.14 $ -1% HIGH AVOID Important Benchmark Dow Jones Industrial Average DIA DIAMONDS Trust, Series 1 105.36 $ 104.99 $ 0% HIGH HOLD Important Benchmark Nasdaq QQQQ PowerShares QQQ 46.76 $ 46.33 $ 1% HIGH HOLD OX MOUNTAIN FINANCIAL - ETF MOMENTUM REPORT KEY I only buy ETFs with a Tradability rating of High or Medium (preferably High). ETFs with a Tradability rating of Low can be very illiquid or are not volatile enough to work for momentum investing. Because using a moving average system to short or use leverage has not been proven to be profitable historically, all Bear Market ETFs and Leveraged ETFs are given a Tradability rating of Low. IMPORTANT BENCHMARKS Important Benchmark Nasdaq QQQQ PowerShares QQQ 46.76 $ 46.33 $ 1% HIGH HOLD Important Benchmark International Stocks EFA iShares MSCI EAFE Index 53.02 $ 52.88 $ 0% HIGH HOLD Important Benchmark Emerging Markets Stocks EEM iShares MSCI Emerging Markets Index 42.50 $ 40.86 $ 4% HIGH HOLD Important Benchmark US Bonds TLH iShares Barclays 10-20 Year Treasury Bd 120.65 $ 112.90 $ 7% MEDIUM HOLD Important Benchmark International Bonds IGOV iShares S&P/Citi Intl Treasury Bond 102.78 $ 100.26 $ 3% HIGH HOLD Important Benchmark High Yield Bonds HYG iShares iBoxx $ High Yield Corporate Bd 88.23 $ 87.17 $ 1% MEDIUM HOLD Important Benchmark Oil OIL iPath S&P GSCI Crude Oil Ttl Ret Idx ETN 22.20 $ 23.90 $ -7% HIGH AVOID Important Benchmark Gold GLD SPDR Gold Shares 122.64 $ 115.62 $ 6% HIGH HOLD Important Benchmark Broad Commodities GSG iShares S&P GSCI Commodity-Indexed Trust 29.19 $ 29.81 $ -2% HIGH AVOID Important Benchmark Euro to $ FXE CurrencyShares Euro Trust 130.57 $ 131.75 $ -1% MEDIUM AVOID Important Benchmark Japanese Yen to $ FXY CurrencyShares Japanese Yen Trust 116.91 $ 111.08 $ 5% MEDIUM HOLD Important Benchmark British Pound to $ FXB CurrencyShares British Pound Sterling Tr 155.79 $ 153.13 $ 2% MEDIUM HOLD Important Benchmark US Real Estate RWR SPDR Dow Jones REIT 57.00 $ 53.59 $ 6% HIGH HOLD Important Benchmark International Real Estate RWX SPDR Dow Jones Intl Real Estate 36.74 $ 34.66 $ 6% HIGH HOLD

Ox Mountain ETF Momentum Report

Embed Size (px)

DESCRIPTION

 

Citation preview

Page 1: Ox Mountain ETF Momentum Report

10/8/2010

Upward Momentum

Momentum is changing

Downward Momentum

I trade only when momentum is changing (orange arrow) and shortly after the 50 day moving average is crossing the 200 day moving average.

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

Important Benchmark S&P 500 SPY SPDRs 111.30$ 112.14$ -1% HIGH AVOID

Important Benchmark Dow Jones Industrial Average DIA DIAMONDS Trust, Series 1 105.36$ 104.99$ 0% HIGH HOLD

Important Benchmark Nasdaq QQQQ PowerShares QQQ 46.76$ 46.33$ 1% HIGH HOLD

OX MOUNTAIN FINANCIAL - ETF MOMENTUM REPORT

KEY

I only buy ETFs with a Tradability rating of High or Medium (preferably High). ETFs with a Tradability rating of Low can be very illiquid or are not volatile enough to work for momentum investing. Because using a

moving average system to short or use leverage has not been proven to be profitable historically, all Bear Market ETFs and Leveraged ETFs are given a Tradability rating of Low.

IMPORTANT BENCHMARKS

Important Benchmark Nasdaq QQQQ PowerShares QQQ 46.76$ 46.33$ 1% HIGH HOLD

Important Benchmark International Stocks EFA iShares MSCI EAFE Index 53.02$ 52.88$ 0% HIGH HOLD

Important Benchmark Emerging Markets Stocks EEM iShares MSCI Emerging Markets Index 42.50$ 40.86$ 4% HIGH HOLD

Important Benchmark US Bonds TLH iShares Barclays 10-20 Year Treasury Bd 120.65$ 112.90$ 7% MEDIUM HOLD

Important Benchmark International Bonds IGOV iShares S&P/Citi Intl Treasury Bond 102.78$ 100.26$ 3% HIGH HOLD

Important Benchmark High Yield Bonds HYG iShares iBoxx $ High Yield Corporate Bd 88.23$ 87.17$ 1% MEDIUM HOLD

Important Benchmark Oil OIL iPath S&P GSCI Crude Oil Ttl Ret Idx ETN 22.20$ 23.90$ -7% HIGH AVOID

Important Benchmark Gold GLD SPDR Gold Shares 122.64$ 115.62$ 6% HIGH HOLD

Important Benchmark Broad Commodities GSG iShares S&P GSCI Commodity-Indexed Trust 29.19$ 29.81$ -2% HIGH AVOID

Important Benchmark Euro to $ FXE CurrencyShares Euro Trust 130.57$ 131.75$ -1% MEDIUM AVOID

Important Benchmark Japanese Yen to $ FXY CurrencyShares Japanese Yen Trust 116.91$ 111.08$ 5% MEDIUM HOLD

Important Benchmark British Pound to $ FXB CurrencyShares British Pound Sterling Tr 155.79$ 153.13$ 2% MEDIUM HOLD

Important Benchmark US Real Estate RWR SPDR Dow Jones REIT 57.00$ 53.59$ 6% HIGH HOLD

Important Benchmark International Real Estate RWX SPDR Dow Jones Intl Real Estate 36.74$ 34.66$ 6% HIGH HOLD

Page 2: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

Balanced Balanced CVY Claymore/Zacks Multi-Asset Income 18.88$ 18.42$ 2% HIGH HOLD

Balanced Balanced DHS WisdomTree Equity Income 36.32$ 34.95$ 4% HIGH HOLD

Balanced Balanced MCRO IQ Hedge Macro Tracker ETF 27.12$ 26.50$ 2% LOW Not suitable for trading

Balanced Balanced PAO PowerShares Autonmc Bal Gr NFA Glbl Asst 11.41$ 11.39$ 0% LOW Not suitable for trading

Balanced Balanced PCA PowerShares Autonomic Bal NFA Glbl Asset 12.08$ 11.99$ 1% LOW Not suitable for trading

Balanced Balanced QAI IQ Hedge Multi-Strategy Tracker ETF 27.37$ 26.95$ 2% HIGH HOLD

Balanced Balanced TDD TDX Independence 2010 ETF 23.53$ 23.23$ 1% LOW Not suitable for trading

Balanced Balanced TDH TDX Independence 2020 ETF 21.34$ 21.04$ 1% LOW Not suitable for trading

Balanced Balanced TDN TDX Independence 2030 ETF 18.77$ 18.66$ 1% LOW Not suitable for trading

Balanced Balanced TDV TDX Independence 2040 ETF 18.04$ 18.03$ 0% LOW Not suitable for trading

Balanced Balanced TDX TDX Independence In-Target ETF 25.23$ 25.11$ 0% LOW Not suitable for trading

Balanced Balanced TGR iShares S&P Target Date Retirement Inc 28.74$ 28.34$ 1% LOW Not suitable for trading

Balanced Balanced TZD iShares S&P Target Date 2010 29.66$ 29.15$ 2% LOW Not suitable for trading

Balanced Balanced TZE iShares S&P Target Date 2015 30.21$ 29.73$ 2% LOW Not suitable for trading

Balanced Balanced TZG iShares S&P Target Date 2020 30.52$ 30.12$ 1% LOW Not suitable for trading

Balanced Balanced TZI iShares S&P Target Date 2025 30.54$ 30.17$ 1% LOW Not suitable for trading

Balanced Balanced TZL iShares S&P Target Date 2030 30.58$ 30.27$ 1% LOW Not suitable for trading

Balanced Balanced TZO iShares S&P Target Date 2035 30.54$ 30.21$ 1% LOW Not suitable for trading

Balanced Balanced TZV iShares S&P Target Date 2040 30.69$ 30.39$ 1% LOW Not suitable for trading

BALANCED

Page 3: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

Bear Market Commodity ADZ PowerShares DB Agriculture Short ETN 31.61$ 34.50$ -8% LOW Not suitable for trading

Bear Market Commodity AGA PowerShares DB Agriculture Dble Shrt ETN 34.08$ 41.67$ -18% LOW Not suitable for trading

Bear Market Commodity BOM PowerShares DB Base Metals Dble Shrt ETN 15.82$ 17.58$ -10% LOW Not suitable for trading

Bear Market Commodity BOS PowerShares DB Base Metals Short ETN 22.02$ 22.94$ -4% LOW Not suitable for trading

Bear Market Commodity DDG Short Oil & Gas ProShares 51.31$ 51.52$ 0% LOW Not suitable for trading

Bear Market Commodity DDP PowerShares DB Commodity Short ETN 38.06$ 39.49$ -4% LOW Not suitable for trading

Bear Market Commodity DEE PowerShares DB Commodity Dble Short ETN 48.96$ 53.07$ -8% LOW Not suitable for trading

Bear Market Commodity DGZ PowerShares DB Gold Short ETN 17.25$ 18.47$ -7% LOW Not suitable for trading

Bear Market Commodity DTO PowerShares DB Crude Oil Dble Short ETN 74.15$ 70.29$ 5% LOW Not suitable for trading

Bear Market Commodity PTD UBS E-TRACS Short Platinum ER ETN 31.42$ 31.19$ 1% LOW Not suitable for trading

Bear Market Commodity SZO PowerShares DB Crude Oil Short ETN 51.73$ 49.90$ 4% LOW Not suitable for trading

Bear Market Currency UDN PowerShares DB US Dollar Index Bearish 26.29$ 26.21$ 0% LOW Not suitable for trading

Bear Market Emerging Markets EUM Short MSCI Emerging Mkts ProShares 35.31$ 38.01$ -7% LOW Not suitable for trading

Bear Market International Stocks EFZ Short MSCI EAFE ProShares 56.48$ 58.91$ -4% LOW Not suitable for trading

Bear Market International Stocks EPV UltraShort MSCI Europe ProShares 18.57$ 22.20$ -16% LOW Not suitable for trading

Bear Market Options BWV iPath CBOE S&P 500 BuyWrite Index ETN 44.48$ 44.50$ 0% LOW Not suitable for trading

Bear Market Options PBP PowerShares S&P 500 BuyWrite 20.87$ 20.96$ 0% LOW Not suitable for trading

Bear Market Options PQBW PowerShares NASDAQ-100 BuyWrite 21.38$ 21.45$ 0% LOW Not suitable for trading

Bear Market Sector SEF Short Financials ProShares 41.66$ 41.78$ 0% LOW Not suitable for trading

Bear Market US Stocks DOG Short Dow30 ProShares 49.59$ 50.83$ -2% LOW Not suitable for trading

Bear Market US Stocks MYY Short MidCap400 ProShares 39.91$ 41.19$ -3% LOW Not suitable for trading

Bear Market US Stocks PSQ Short QQQ ProShares 41.05$ 42.28$ -3% LOW Not suitable for trading

Bear Market US Stocks RWM Short Russell2000 ProShares 40.10$ 41.04$ -2% LOW Not suitable for trading

Bear Market US Stocks SBB Short SmallCap 600 ProShares 35.54$ 36.25$ -2% LOW Not suitable for trading

Bear Market US Stocks SH Short S&P500 ProShares 50.47$ 51.18$ -1% LOW Not suitable for trading

BEAR MARKET

Page 4: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

Commodities Agriculture AGF PowerShares DB Agriculture Long ETN 16.42$ 15.55$ 6% LOW Not suitable for trading

Commodities Agriculture DBA PowerShares DB Agriculture 26.68$ 25.28$ 6% HIGH HOLD

Commodities Agriculture JJA iPath DJ AIG Agriculture TR Sub-Idx ETN 47.70$ 42.66$ 12% HIGH HOLD

Commodities Agriculture RJA ELEMENTS Rogers Intl Commodity Agri ETN 8.40$ 7.59$ 11% HIGH HOLD

Commodities Agriculture UAG UBS E-TRACS CMCI Agriculture TR ETN 22.96$ 20.62$ 11% LOW Not suitable for trading

Commodities Broad DBC PowerShares DB Commodity Index Tracking 23.17$ 23.17$ 0% HIGH HOLD

Commodities Broad DJP iPath Dow Jones-AIG Commodity Idx TR ETN 40.89$ 39.97$ 2% HIGH HOLD

Commodities Broad DPU PowerShares DB Commodity Long ETN 15.39$ 15.29$ 1% LOW Not suitable for trading

Commodities Broad GCC GreenHaven Continuous Commodity Index 27.05$ 25.81$ 5% HIGH HOLD

Commodities Broad GSC GS Connect S&P GSCI Enh Commodity TR ETN 41.72$ 41.97$ -1% HIGH AVOID

Commodities Broad GSG iShares S&P GSCI Commodity-Indexed Trust 29.19$ 29.81$ -2% HIGH AVOID

Commodities Broad GSP iPath S&P GSCI Total Return Index ETN 29.05$ 29.56$ -2% HIGH AVOID

Commodities Broad LSC ELEMENTS S&P CTI ETN 7.14$ 8.05$ -11% HIGH AVOID

Commodities Broad RJI ELEMENTS Rogers Intl Commodity ETN 7.67$ 7.49$ 2% HIGH HOLD

Commodities Broad UCI UBS E-TRACS CMCI TR ETN 19.56$ 19.05$ 3% LOW Not suitable for trading

Commodities Energy DBE PowerShares DB Energy 23.47$ 24.53$ -4% HIGH AVOID

Commodities Energy DBO PowerShares DB Oil 24.68$ 25.93$ -5% HIGH AVOID

Commodities Energy FUE ELEMENTS MLCX Biofuels Index TR ETN 8.53$ 7.84$ 9% LOW Not suitable for trading

Commodities Energy GAZ iPath DJ AIG Natural Gas TR Sub-Idx ETN 9.03$ 10.84$ -17% HIGH AVOID

Commodities Energy GRN iPath Global Carbon ETN 27.44$ 26.08$ 5% LOW Not suitable for trading

Commodities Energy JJE iPath DJ AIG Energy TR Sub-Idx ETN 21.40$ 23.34$ -8% HIGH AVOID

Commodities Energy OIL iPath S&P GSCI Crude Oil Ttl Ret Idx ETN 22.20$ 23.90$ -7% HIGH AVOID

Commodities Energy OLO PowerShares DB Crude Oil Long ETN 12.13$ 12.75$ -5% HIGH AVOID

Commodities Energy RJN ELEMENTS Rogers Intl Commodity Engy ETN 5.66$ 5.95$ -5% HIGH AVOID

Commodities Energy UBN UBS E-TRACS CMCI Energy TR ETN 13.78$ 14.50$ -5% LOW Not suitable for trading

Commodities Energy UGA United States Gasoline 33.07$ 34.99$ -6% HIGH AVOID

Commodities Energy UHN United States Heating Oil 25.61$ 26.21$ -2% LOW Not suitable for trading

Commodities Energy UNG United States Natural Gas 6.73$ 7.90$ -15% HIGH AVOID

Commodities Energy USL United States 12 Month Oil 37.57$ 38.81$ -3% HIGH AVOID

Commodities Energy USO United States Oil 34.05$ 36.48$ -7% HIGH AVOID

Commodities Livestock COW iPath DJ AIG Livestock TR Sub-Idx ETN 30.11$ 29.46$ 2% HIGH HOLD

COMMODITIES

Commodities Livestock COW iPath DJ AIG Livestock TR Sub-Idx ETN 30.11$ 29.46$ 2% HIGH HOLD

Commodities Livestock UBC UBS E-TRACS CMCI Livestock TR ETN 20.12$ 19.39$ 4% LOW Not suitable for trading

Commodities Metals BDD PowerShares DB Base Metals Dble Long ETN 14.35$ 14.44$ -1% HIGH AVOID

Commodities Metals BDG PowerShares DB Base Metals Long ETN 22.00$ 21.77$ 1% LOW Not suitable for trading

Commodities Metals DBB PowerShares DB Base Metals 20.83$ 20.62$ 1% HIGH HOLD

Commodities Metals DBP PowerShares DB Precious Metals 42.93$ 40.39$ 6% HIGH HOLD

Commodities Metals DBS PowerShares DB Silver 35.14$ 32.33$ 9% HIGH HOLD

Commodities Metals DGL PowerShares DB Gold 44.53$ 42.11$ 6% HIGH HOLD

Commodities Metals GLD SPDR Gold Shares 122.64$ 115.62$ 6% HIGH HOLD

Commodities Metals IAU iShares COMEX Gold Trust 12.28$ 74.84$ -84% HIGH AVOID

Commodities Metals JJC iPath DJ AIG Copper TR Sub-Idx ETN 46.11$ 44.33$ 4% HIGH HOLD

Commodities Metals JJM iPath DJ AIG Ind Metals TR Sub-Idx ETN 39.34$ 38.65$ 2% HIGH HOLD

Commodities Metals JJN iPath DJ AIG Nickel TR Sub-Idx ETN 32.92$ 31.64$ 4% HIGH HOLD

Commodities Metals JJP iPath DJ AIG Prec Metals TR Sub-Idx ETN 65.69$ 61.71$ 6% LOW Not suitable for trading

Commodities Metals JJT iPath DJ AIG Tin TR Sub-Idx ETN 52.18$ 44.05$ 18% LOW Not suitable for trading

Commodities Metals JJU iPath DJ AIG Aluminum TR Sub-Idx ETN 29.45$ 29.64$ -1% HIGH AVOID

Commodities Metals LD iPath DJ AIG Lead TR Sub-Idx ETN 54.61$ 53.64$ 2% LOW Not suitable for trading

Commodities Metals PGM iPath DJ AIG Platinum TR Sub-Idx ETN 37.49$ 37.97$ -1% HIGH AVOID

Commodities Metals PSAU PowerShares Global Gold & Prec Metals 43.02$ 39.98$ 8% HIGH HOLD

Commodities Metals PTM UBS E-TRACS Long Platinum TR ETN 18.73$ 18.88$ -1% HIGH AVOID

Commodities Metals RJZ ELEMENTS Rogers Intl Commodity Metal ETN 10.17$ 9.78$ 4% HIGH HOLD

Commodities Metals SLV iShares Silver Trust 19.44$ 17.85$ 9% HIGH HOLD

Commodities Metals UBG UBS E-TRACS CMCI Gold TR ETN 33.94$ 32.20$ 5% LOW Not suitable for trading

Commodities Metals UBM UBS E-TRACS CMCI Industrial Mtls TR ETN 20.92$ 20.41$ 2% LOW Not suitable for trading

Commodities Metals USV UBS E-TRACS CMCI Silver TR ETN 28.37$ 26.06$ 9% LOW Not suitable for trading

Commodities Softs BAL iPath DJ AIG Cotton TR Sub-Idx ETN 44.29$ 39.26$ 13% HIGH HOLD

Commodities Softs FUD UBS E-TRACS CMCI Food TR ETN 22.70$ 20.62$ 10% LOW Not suitable for trading

Commodities Softs GRU ELEMENTS MLCX Grains Index TR ETN 6.00$ 5.29$ 13% HIGH HOLD

Commodities Softs JJG iPath DJ AIG Grains TR Sub-Idx ETN 42.21$ 37.48$ 13% HIGH HOLD

Commodities Softs JJS iPath DJ AIG Softs TR Sub-Idx ETN 54.66$ 48.52$ 13% LOW Not suitable for trading

Commodities Softs JO iPath DJ AIG Coffee TR Sub-Idx ETN 48.99$ 41.77$ 17% HIGH HOLD

Commodities Softs NIB iPath DJ AIG Cocoa TR Sub-Idx ETN 40.80$ 43.85$ -7% LOW Not suitable for trading

Commodities Softs SGG iPath DJ AIG Sugar TR Sub-Idx ETN 60.70$ 57.14$ 6% HIGH HOLD

Page 5: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

Currency Country BNZ WisdomTree Dreyfus New Zealand Dollar 23.04$ 22.44$ 3% MEDIUM HOLD

Currency Country BZF WisdomTree Dreyfus Brazilian Real 28.05$ 26.76$ 5% MEDIUM HOLD

Currency Country CEW WisdomTree Dreyfus Emerging Currency 22.34$ 21.97$ 2% MEDIUM HOLD

Currency Country CNY Market Vectors Renminbi/USD ETN 40.07$ 40.12$ 0% MEDIUM AVOID

Currency Country CYB WisdomTree Dreyfus Chinese Yuan 25.07$ 25.10$ 0% MEDIUM AVOID

Currency Country DBV PowerShares DB G10 Currency Harvest 22.88$ 23.08$ -1% MEDIUM AVOID

Currency Country ERO iPath EUR/USD Exchange Rate ETN 50.92$ 51.43$ -1% LOW Not suitable for trading

Currency Country EU WisdomTree Dreyfus Euro 21.15$ 21.32$ -1% LOW Not suitable for trading

Currency Country FXA CurrencyShares Australian Dollar Trust 92.77$ 90.13$ 3% MEDIUM HOLD

Currency Country FXB CurrencyShares British Pound Sterling Tr 155.79$ 153.13$ 2% MEDIUM HOLD

Currency Country FXC CurrencyShares Canadian Dollar Trust 96.13$ 96.14$ 0% MEDIUM AVOID

Currency Country FXE CurrencyShares Euro Trust 130.57$ 131.75$ -1% MEDIUM AVOID

Currency Country FXF CurrencyShares Swiss Franc Trust 97.96$ 93.78$ 4% MEDIUM HOLD

Currency Country FXM CurrencyShares Mexican Peso Trust 78.49$ 78.77$ 0% MEDIUM AVOID

Currency Country FXS CurrencyShares Swedish Krona Trust 140.07$ 136.26$ 3% LOW Not suitable for trading

Currency Country FXY CurrencyShares Japanese Yen Trust 116.91$ 111.08$ 5% MEDIUM HOLD

Currency Country GBB iPath GBP/USD Exchange Rate ETN 42.08$ 41.33$ 2% LOW Not suitable for trading

Currency Country ICN WisdomTree Dreyfus Indian Rupee 25.69$ 25.56$ 1% MEDIUM HOLD

Currency Country INR Market Vectors Rupee/USD ETN 38.91$ 38.66$ 1% LOW Not suitable for trading

Currency Country JYF WisdomTree Dreyfus Japanese Yen 30.78$ 29.27$ 5% LOW Not suitable for trading

Currency Country JYN iPath JPY/USD Exchange Rate ETN 69.84$ 66.39$ 5% LOW Not suitable for trading

Currency Country SZR WisdomTree Dreyfus South African Rand 30.12$ 28.50$ 6% LOW Not suitable for trading

Currency Country UUP PowerShares DB US Dollar Index Bullish 23.54$ 23.91$ -2% MEDIUM AVOID

Currency Country XRU CurrencyShares Russian Ruble Trust 32.57$ 32.97$ -1% LOW Not suitable for trading

Currency Multi-currency AYT Barclays GEMS Asia-8 ETN 47.57$ 47.06$ 1% LOW Not suitable for trading

Currency Multi-currency ICI iPath Optimized Currency Carry ETN 45.96$ 46.20$ -1% LOW Not suitable for trading

Currency Multi-currency JEM Barclays GEMS Index ETN 44.63$ 44.46$ 0% LOW Not suitable for trading

Currency Multi-currency PGD Barclays Asian & Gulf Currency Reval ETN 50.06$ 49.89$ 0% LOW Not suitable for trading

CURRENCY

Page 6: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

International Bond International Bonds BWX SPDR Barclays Capital Intl Treasury Bond 58.29$ 56.00$ 4% HIGH HOLD

International Bond International Bonds BWZ SPDR Barclays Cap S/T Intl Treasury Bond 35.86$ 35.28$ 2% HIGH HOLD

International Bond International Bonds EMB iShares JPMorgan USD Emerg Markets Bond 110.11$ 104.72$ 5% HIGH HOLD

International Bond International Bonds IGOV iShares S&P/Citi Intl Treasury Bond 102.78$ 100.26$ 3% HIGH HOLD

International Bond International Bonds ISHG iShares S&P/Citi 1-3 Yr Intl Treasury Bd 101.89$ 100.29$ 2% HIGH HOLD

International Bond International Bonds PCY PowerShares Emerging Mkts Sovereign Debt 27.67$ 26.31$ 5% HIGH HOLD

International Bond International Bonds WIP SPDR DB Intl Govt Infl-Protected Bond 56.44$ 54.75$ 3% HIGH HOLD

INTERNATIONAL BOND

Page 7: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

International Stock Balanced PTO PowerShares Autonomic Gr NFA Glbl Asset 10.99$ 10.92$ 1% LOW Not suitable for trading

International Stock Country BRF Market Vectors Brazil Small-Cap ETF 53.13$ 47.38$ 12% HIGH HOLD

International Stock Country DFJ WisdomTree Japan SmallCap Dividend 39.79$ 40.18$ -1% HIGH AVOID

International Stock Country DXJ WisdomTree Japan Total Dividend 36.02$ 38.81$ -7% HIGH AVOID

International Stock Country ECH iShares MSCI Chile Investable Mkt Idx 69.61$ 59.84$ 16% HIGH HOLD

International Stock Country EIS iShares MSCI Israel Cap Invest Mkt Index 51.89$ 53.32$ -3% HIGH AVOID

International Stock Country ENY Claymore/SWM Canadian Energy Income 16.40$ 16.99$ -3% HIGH AVOID

International Stock Country EPI WisdomTree India Earnings 24.78$ 23.07$ 7% HIGH HOLD

International Stock Country EPU iShares MSCI All Peru Capped Index 38.12$ 34.32$ 11% HIGH HOLD

International Stock Country EWA iShares MSCI Australia Index 22.50$ 22.21$ 1% HIGH HOLD

International Stock Country EWC iShares MSCI Canada Index 27.09$ 26.81$ 1% HIGH HOLD

International Stock Country EWD iShares MSCI Sweden Index 26.75$ 25.10$ 7% HIGH HOLD

International Stock Country EWG iShares MSCI Germany Index 20.94$ 20.81$ 1% HIGH HOLD

International Stock Country EWH iShares MSCI Hong Kong Index 16.93$ 15.88$ 7% HIGH HOLD

International Stock Country EWI iShares MSCI Italy Index 16.11$ 16.72$ -4% HIGH AVOID

International Stock Country EWJ iShares MSCI Japan Index 9.74$ 9.90$ -2% HIGH AVOID

International Stock Country EWK iShares MSCI Belgium Investable Mkt Idx 12.50$ 12.39$ 1% HIGH HOLD

International Stock Country EWL iShares MSCI Switzerland Index 22.17$ 21.77$ 2% HIGH HOLD

International Stock Country EWM iShares MSCI Malaysia Index 13.14$ 11.80$ 11% HIGH HOLD

International Stock Country EWN iShares MSCI Netherlands Invstbl Mkt Idx 19.25$ 19.43$ -1% HIGH AVOID

International Stock Country EWO iShares MSCI Austria Investable Mkt Idx 18.55$ 18.51$ 0% HIGH HOLD

International Stock Country EWP iShares MSCI Spain Index 39.48$ 40.06$ -1% HIGH AVOID

International Stock Country EWQ iShares MSCI France Index 22.79$ 23.23$ -2% HIGH AVOID

International Stock Country EWS iShares MSCI Singapore Index 12.65$ 11.76$ 8% HIGH HOLD

International Stock Country EWT iShares MSCI Taiwan Index 12.88$ 12.37$ 4% HIGH HOLD

International Stock Country EWU iShares MSCI United Kingdom Index 15.88$ 15.53$ 2% HIGH HOLD

International Stock Country EWW iShares MSCI Mexico Investable Mkt Idx 51.39$ 50.68$ 1% HIGH HOLD

International Stock Country EWY iShares MSCI South Korea Index 50.87$ 48.67$ 5% HIGH HOLD

International Stock Country EWZ iShares MSCI Brazil Index 71.93$ 69.82$ 3% HIGH HOLD

International Stock Country EZA iShares MSCI South Africa Index 62.41$ 58.20$ 7% HIGH HOLD

International Stock Country FCHI iShares FTSE China (HK Listed) Index 48.98$ 47.58$ 3% HIGH HOLD

INTERNATIONAL STOCK

International Stock Country FCHI iShares FTSE China (HK Listed) Index 48.98$ 47.58$ 3% HIGH HOLD

International Stock Country FXI iShares FTSE/Xinhua China 25 Index 41.52$ 40.84$ 2% HIGH HOLD

International Stock Country GXC SPDR S&P China 73.31$ 70.73$ 4% HIGH HOLD

International Stock Country GXG Global X/InterBolsa FTSE Colombia 20 ETF 41.16$ 34.35$ 20% LOW Not suitable for trading

International Stock Country HAO Claymore/AlphaShares China Small Cap 28.05$ 26.47$ 6% HIGH HOLD

International Stock Country IDX Market Vectors Indonesia ETF 80.64$ 71.86$ 12% HIGH HOLD

International Stock Country INDY iShares S&P India Nifty 50 Index 28.31$ 26.29$ 8% HIGH HOLD

International Stock Country INP iPath MSCI India Index ETN 69.81$ 65.36$ 7% HIGH HOLD

International Stock Country ITF iShares S&P/TOPIX 150 Index 42.36$ 43.06$ -2% HIGH AVOID

International Stock Country JPP SPDR Russell/Nomura PRIME Japan 37.22$ 37.63$ -1% LOW Not suitable for trading

International Stock Country JSC SPDR Russell/Nomura Small Cap Japan 38.83$ 39.07$ -1% HIGH AVOID

International Stock Country PGJ PowerShares Gldn Dragon Halter USX China 24.81$ 24.08$ 3% HIGH HOLD

International Stock Country PIN PowerShares India 23.69$ 22.40$ 6% HIGH HOLD

International Stock Country PJO PowerShares FTSE RAFI Japan 36.61$ 37.15$ -1% LOW Not suitable for trading

International Stock Country RSX Market Vectors Russia ETF 31.80$ 31.72$ 0% HIGH HOLD

International Stock Country SCJ iShares MSCI Japan Small Cap Index 41.60$ 41.89$ -1% LOW Not suitable for trading

International Stock Country THD iShares MSCI Thailand Invest Mkt Index 56.10$ 47.79$ 17% HIGH HOLD

International Stock Country TOK iShares MSCI Kokusai Index 35.91$ 35.97$ 0% LOW Not suitable for trading

International Stock Country TUR iShares MSCI Turkey Invest Mkt Index 64.18$ 58.21$ 10% HIGH HOLD

International Stock Country VNM Market Vectors Vietnam ETF 24.24$ 25.12$ -3% HIGH AVOID

International Stock Developed markets ADRD BLDRS Developed Markets 100 ADR Index 19.95$ 20.01$ 0% HIGH AVOID

International Stock Developed markets DTH WisdomTree DEFA Equity Income 39.10$ 39.50$ -1% HIGH AVOID

International Stock Developed markets DWM WisdomTree DEFA 43.82$ 43.89$ 0% HIGH AVOID

International Stock Developed markets EEN Claymore/BNY Mellon EW Euro-Pacific LDRs 17.78$ 17.66$ 1% LOW Not suitable for trading

International Stock Developed markets GXF Global X FTSE Nordic 30 ETF 17.51$ 16.65$ 5% LOW Not suitable for trading

International Stock Developed markets IFSM iShares FTSE Dev Sm Cap ex-North Amer 33.54$ 32.83$ 2% LOW Not suitable for trading

International Stock Developed markets PDN PowerShares FTSE RAFI Dev Mkts ex-US S/M 21.29$ 20.96$ 2% HIGH HOLD

International Stock Developed markets PFA PowerShares Dynamic Developed Intl Opps 15.59$ 15.50$ 1% HIGH HOLD

International Stock Developed markets PIZ PowerShares DWA Dev Mkts Technical Ldrs 18.91$ 18.21$ 4% HIGH HOLD

International Stock Developed markets PXF PowerShares FTSE RAFI Dev Mkts ex-US 36.26$ 35.91$ 1% HIGH HOLD

International Stock Developed markets VEA Vanguard Europe Pacific ETF 33.37$ 32.89$ 1% HIGH HOLD

International Stock Emerging Markets ADRE BLDRS Emerging Markets 50 ADR Index 43.15$ 42.39$ 2% HIGH HOLD

International Stock Emerging Markets AFK Market Vectors Africa ETF 31.08$ 30.05$ 3% HIGH HOLD

International Stock Emerging Markets BIK SPDR S&P BRIC 40 25.02$ 24.42$ 2% HIGH HOLD

International Stock Emerging Markets BKF iShares MSCI BRIC Index 45.65$ 44.43$ 3% HIGH HOLD

International Stock Emerging Markets DEM WisdomTree Emerging Markets Equity Inc 53.26$ 50.60$ 5% HIGH HOLD

International Stock Emerging Markets DGS WisdomTree Emerging Mkts Small Cap Div 47.51$ 44.07$ 8% HIGH HOLD

Page 8: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

International Stock Emerging Markets EEB Claymore/BNY Mellon BRIC ETF 42.34$ 41.05$ 3% HIGH HOLD

International Stock Emerging Markets EEM iShares MSCI Emerging Markets Index 42.50$ 40.86$ 4% HIGH HOLD

International Stock Emerging Markets EMIF iShares S&P Emerging Mkts Infrastructure 31.09$ 30.24$ 3% HIGH HOLD

International Stock Emerging Markets ESR iShares MSCI Emerg Mkts Eastern Eur Idx 26.90$ 26.54$ 1% HIGH HOLD

International Stock Emerging Markets EWX SPDR S&P Emerging Markets Small Cap 52.20$ 48.70$ 7% HIGH HOLD

International Stock Emerging Markets FRN Claymore/BNY Mellon Frontier Markets 21.87$ 19.78$ 11% HIGH HOLD

International Stock Emerging Markets GAF SPDR S&P Emerging Middle East & Africa 66.43$ 63.92$ 4% HIGH HOLD

International Stock Emerging Markets GMF SPDR S&P Emerging Asia Pacific 78.96$ 74.41$ 6% HIGH HOLD

International Stock Emerging Markets GML SPDR S&P Emerging Latin America 80.11$ 77.24$ 4% HIGH HOLD

International Stock Emerging Markets GMM SPDR S&P Emerging Markets 66.53$ 63.78$ 4% HIGH HOLD

International Stock Emerging Markets GULF WisdomTree Middle East Dividend 15.18$ 15.01$ 1% LOW Not suitable for trading

International Stock Emerging Markets GUR SPDR S&P Emerging Europe 43.78$ 43.07$ 2% HIGH HOLD

International Stock Emerging Markets ILF iShares S&P Latin America 40 Index 47.67$ 46.17$ 3% HIGH HOLD

International Stock Emerging Markets MES Market Vectors Gulf States ETF 21.13$ 20.31$ 4% HIGH HOLD

International Stock Emerging Markets PIE PowerShares DWA Em Mkts Technical Ldrs 16.29$ 15.07$ 8% HIGH HOLD

International Stock Emerging Markets PMNA PowerShares MENA Frontier Countries 12.95$ 12.91$ 0% HIGH HOLD

International Stock Emerging Markets PXH PowerShares FTSE RAFI Emerging Markets 22.97$ 22.29$ 3% HIGH HOLD

International Stock Emerging Markets VWO Vanguard Emerging Markets Stock ETF 43.16$ 41.08$ 5% HIGH HOLD

International Stock Global ACWI iShares MSCI ACWI Index 41.76$ 41.60$ 0% HIGH HOLD

International Stock Global CRO Claymore/Zacks Country Rotation 15.54$ 15.58$ 0% LOW Not suitable for trading

International Stock Global DEW WisdomTree Global Equity Income 39.75$ 39.29$ 1% HIGH HOLD

International Stock Global DGT SPDR DJ Global Titans 52.96$ 54.00$ -2% HIGH AVOID

International Stock Global DIM WisdomTree International MidCap Dividend 46.83$ 46.30$ 1% LOW Not suitable for trading

International Stock Global DLS WisdomTree International SmallCap Div 45.37$ 45.02$ 1% HIGH HOLD

International Stock Global FGD First Trust DJ Global Select Dividend 21.74$ 21.22$ 2% HIGH HOLD

International Stock Global HGI Claymore/Zacks Intl Multi-Asset Income 17.64$ 17.34$ 2% HIGH HOLD

International Stock Global IDV iShares Dow Jones Intl Select Div Idx 30.43$ 30.04$ 1% HIGH HOLD

International Stock Global IOO iShares S&P Global 100 Index 56.91$ 57.38$ -1% HIGH AVOID

International Stock Global LVL Claymore/S&P Global Dividend Opp 13.96$ 14.07$ -1% HIGH AVOID

International Stock Global PID PowerShares Intl Dividend Achievers 14.24$ 13.92$ 2% HIGH HOLD

International Stock Global RTR RevenueShares ADR 34.99$ 34.84$ 0% HIGH HOLD

International Stock Global RYE Rydex S&P Equal Weight Energy 49.03$ 50.14$ -2% LOW Not suitable for trading

International Stock Global VT Vanguard Total World Stock Index ETF 43.15$ 42.61$ 1% HIGH HOLDInternational Stock Global VT Vanguard Total World Stock Index ETF 43.15$ 42.61$ 1% HIGH HOLD

International Stock Global XGC Claymore/BNY Mellon Intl Small Cap LDRs 21.62$ 20.37$ 6% LOW Not suitable for trading

International Stock International ACWX iShares MSCI ACWI ex US Index 39.81$ 39.51$ 1% HIGH HOLD

International Stock International CWI SPDR MSCI ACWI (ex-US) 30.38$ 30.12$ 1% HIGH HOLD

International Stock International DNL WisdomTree World ex-US Growth 48.97$ 47.85$ 2% LOW Not suitable for trading

International Stock International DOL WisdomTree International LargeCap Div 42.71$ 42.95$ -1% HIGH AVOID

International Stock International DOO WisdomTree International Div ex-Finncls 41.50$ 40.98$ 1% HIGH HOLD

International Stock International DWX SPDR S&P International Dividend 51.60$ 51.56$ 0% HIGH HOLD

International Stock International EFA iShares MSCI EAFE Index 53.02$ 52.88$ 0% HIGH HOLD

International Stock International EFG iShares MSCI EAFE Growth Index 54.34$ 53.69$ 1% HIGH HOLD

International Stock International EFV iShares MSCI EAFE Value Index 47.32$ 47.61$ -1% HIGH AVOID

International Stock International GWL SPDR S&P World ex-US 23.25$ 23.10$ 1% HIGH HOLD

International Stock International GWX SPDR S&P International Small Cap 26.65$ 25.85$ 3% HIGH HOLD

International Stock International MDD SPDR S&P International Mid Cap 27.49$ 26.69$ 3% HIGH HOLD

International Stock International PGF PowerShares Financial Preferred 17.95$ 16.99$ 6% HIGH HOLD

International Stock International SCZ iShares MSCI EAFE Small Cap Index 36.66$ 35.91$ 2% HIGH HOLD

International Stock International VEU Vanguard FTSE All-World ex-US ETF 43.58$ 42.54$ 2% HIGH HOLD

International Stock International VSS Vanguard FTSE All-Wld ex-US SmCp Idx ETF 86.56$ 83.03$ 4% HIGH HOLD

International Stock Regional AAXJ iShares MSCI All Country Asia ex Jpn Idx 57.56$ 55.48$ 4% HIGH HOLD

International Stock Regional ADRA BLDRS Asia 50 ADR Index 25.07$ 25.18$ 0% LOW Not suitable for trading

International Stock Regional ADRU BLDRS Europe 100 ADR Index 19.73$ 19.67$ 0% LOW Not suitable for trading

International Stock Regional AIA iShares S&P Asia 50 Index 40.68$ 39.45$ 3% HIGH HOLD

International Stock Regional DEB WisdomTree Europe Total Dividend 41.94$ 42.26$ -1% HIGH AVOID

International Stock Regional DFE WisdomTree Europe SmallCap Dividend 36.70$ 35.98$ 2% LOW Not suitable for trading

International Stock Regional DND WisdomTree Pacific ex-Japan Total Div 60.39$ 58.99$ 2% LOW Not suitable for trading

International Stock Regional DNH WisdomTree Pacific ex-Japan Equity Inc 54.22$ 54.08$ 0% HIGH HOLD

International Stock Regional EKH Europe 2001 HOLDRs 57.63$ 58.84$ -2% LOW Not suitable for trading

International Stock Regional EPP iShares MSCI Pacific ex-Japan 41.86$ 40.67$ 3% HIGH HOLD

International Stock Regional EZU iShares MSCI EMU Index 33.08$ 33.58$ -2% HIGH AVOID

International Stock Regional FDD First Trust DJ STOXX(R) Eurp SelDiv Idx 13.01$ 12.93$ 1% LOW Not suitable for trading

International Stock Regional FEU SPDR DJ STOXX 50 32.50$ 32.49$ 0% HIGH HOLD

International Stock Regional FEZ SPDR DJ EURO STOXX 50 35.38$ 36.26$ -2% HIGH AVOID

International Stock Regional FNI First Trust ISE Chindia 23.20$ 21.86$ 6% HIGH HOLD

International Stock Regional IEV iShares S&P Europe 350 Index 36.39$ 36.24$ 0% HIGH HOLD

International Stock Regional PAF PowerShares FTSE RAFI Asia Pacific ex-Jp 47.78$ 46.03$ 4% LOW Not suitable for trading

International Stock Regional PEF PowerShares FTSE RAFI Europe 33.41$ 33.18$ 1% LOW Not suitable for trading

International Stock Regional VGK Vanguard European ETF 46.88$ 45.90$ 2% HIGH HOLD

Page 9: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

International Stock Regional VPL Vanguard Pacific Stock ETF 52.27$ 51.90$ 1% HIGH HOLD

International Stock Sector BJK Market Vectors Gaming ETF 26.67$ 25.16$ 6% HIGH HOLD

International Stock Sector CGW Claymore S&P Global Water 18.06$ 17.86$ 1% HIGH HOLD

International Stock Sector CUT Claymore/Beacon Global Timber Index 18.78$ 18.30$ 3% HIGH HOLD

International Stock Sector DBN WisdomTree International Basic Materials 26.33$ 26.50$ -1% HIGH AVOID

International Stock Sector DBR WisdomTree International Health Care 23.88$ 23.92$ 0% HIGH AVOID

International Stock Sector DBT WisdomTree International Technology 19.50$ 19.27$ 1% LOW Not suitable for trading

International Stock Sector DBU WisdomTree International Utilities 19.66$ 20.21$ -3% HIGH AVOID

International Stock Sector DDI WisdomTree International Industrial 21.99$ 21.94$ 0% LOW Not suitable for trading

International Stock Sector DGG WisdomTree International Communications 22.24$ 22.46$ -1% LOW Not suitable for trading

International Stock Sector DKA WisdomTree International Energy 22.87$ 23.29$ -2% HIGH AVOID

International Stock Sector DPC WisdomTree International Cons Discretion 19.85$ 19.75$ 1% LOW Not suitable for trading

International Stock Sector DPN WisdomTree International Cons Staples 24.64$ 24.70$ 0% LOW Not suitable for trading

International Stock Sector DRF WisdomTree International Financial 15.12$ 15.18$ 0% HIGH AVOID

International Stock Sector DRW WisdomTree International Real Estate 27.19$ 26.02$ 5% HIGH HOLD

International Stock Sector EVX Market Vectors Environmental Svcs ETF 44.36$ 43.55$ 2% LOW Not suitable for trading

International Stock Sector EXB Claymore/Beacon Glbl Exchanges, Brokers 11.88$ 12.47$ -5% LOW Not suitable for trading

International Stock Sector EXI iShares S&P Global Industrials 46.66$ 46.09$ 1% HIGH HOLD

International Stock Sector FAA Claymore/NYSE Arca Airline 35.03$ 33.90$ 3% HIGH HOLD

International Stock Sector FAN First Trust Global Wind Energy 10.31$ 12.04$ -14% HIGH AVOID

International Stock Sector FCG First Trust ISE-Revere Natural Gas 15.86$ 17.04$ -7% HIGH AVOID

International Stock Sector FFR First Trust FTSE EPRA/NAREIT Glb Real Es 32.63$ 31.06$ 5% HIGH HOLD

International Stock Sector FLM First Trust ISE Glbl Engnrg & Const Idx 37.56$ 37.74$ 0% HIGH AVOID

International Stock Sector FXN First Trust Energy AlphaDEX 16.27$ 16.60$ -2% HIGH AVOID

International Stock Sector FXR First Trust Indust/Producer Dur AlphaDEX 15.46$ 15.50$ 0% HIGH AVOID

International Stock Sector FXZ First Trust Materials AlphaDEX 20.16$ 20.01$ 1% HIGH HOLD

International Stock Sector GDX Market Vectors Gold Miners ETF 53.18$ 49.00$ 9% HIGH HOLD

International Stock Sector GEX Market Vectors Glb Alternatve Energy ETF 20.03$ 21.50$ -7% HIGH AVOID

International Stock Sector GII SPDR FTSE/Macquarie Global Infra 100 40.16$ 39.94$ 1% LOW Not suitable for trading

International Stock Sector GRI Cohen & Steers Global Realty Majors ETF 33.71$ 31.92$ 6% HIGH HOLD

International Stock Sector GWO ELEMENTS CS Global Warming ETN 6.07$ 6.58$ -8% LOW Not suitable for trading

International Stock Sector HAP Market Vectors RVE Hard Assets Prod ETF 32.65$ 32.24$ 1% HIGH HOLD

International Stock Sector ICLN iShares S&P Global Clean Energy Index 16.43$ 17.72$ -7% HIGH AVOIDInternational Stock Sector ICLN iShares S&P Global Clean Energy Index 16.43$ 17.72$ -7% HIGH AVOID

International Stock Sector IEO iShares Dow Jones US Oil & Gas Ex Index 50.26$ 52.77$ -5% HIGH AVOID

International Stock Sector IEZ iShares Dow Jones US Oil Equipment Index 41.84$ 42.79$ -2% HIGH AVOID

International Stock Sector IFAS iShares FTSE EPRA/NAREIT Dev Asia Idx 29.36$ 28.21$ 4% LOW Not suitable for trading

Page 10: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

International Stock Sector IFEU iShares FTSE EPRA/NAREIT Dev EU Idx 27.96$ 27.12$ 3% LOW Not suitable for trading

International Stock Sector IFGL iShares FTSE EPRA/NAREIT Dev RE ex-US 29.04$ 28.01$ 4% HIGH HOLD

International Stock Sector IGF iShares S&P Global Infrastructure Index 33.14$ 32.94$ 1% HIGH HOLD

International Stock Sector IPD SPDR S&P International Cons Disc Sector 25.48$ 24.65$ 3% LOW Not suitable for trading

International Stock Sector IPF SPDR S&P International Financial Sector 19.25$ 19.30$ 0% HIGH AVOID

International Stock Sector IPK SPDR S&P International Technology Sector 23.88$ 24.75$ -4% LOW Not suitable for trading

International Stock Sector IPN SPDR S&P International Industrial Sector 24.45$ 23.99$ 2% LOW Not suitable for trading

International Stock Sector IPS SPDR S&P International Cons Stapl Sector 28.72$ 27.99$ 3% LOW Not suitable for trading

International Stock Sector IPU SPDR S&P International Utilities Sector 20.44$ 20.75$ -1% LOW Not suitable for trading

International Stock Sector IPW SPDR S&P International Energy Sector 23.60$ 24.44$ -3% LOW Not suitable for trading

International Stock Sector IRV SPDR S&P International Materials Sector 25.10$ 24.65$ 2% HIGH HOLD

International Stock Sector IRY SPDR S&P International HealthCare Sector 28.59$ 28.42$ 1% LOW Not suitable for trading

International Stock Sector IST SPDR S&P International Telecom Sector 23.55$ 22.59$ 4% LOW Not suitable for trading

International Stock Sector ITA iShares Dow Jones US Aerospace & Defense 52.53$ 53.79$ -2% HIGH AVOID

International Stock Sector ITB iShares Dow Jones US Home Construction 11.57$ 12.63$ -8% HIGH AVOID

International Stock Sector IXC iShares S&P Global Energy 32.61$ 33.62$ -3% HIGH AVOID

International Stock Sector IXG iShares S&P Global Financials 43.55$ 44.08$ -1% HIGH AVOID

International Stock Sector IXJ iShares S&P Global Healthcare 48.87$ 49.75$ -2% HIGH AVOID

International Stock Sector IXN iShares S&P Global Technology 53.37$ 54.77$ -3% HIGH AVOID

International Stock Sector IXP iShares S&P Global Telecommunications 55.21$ 52.54$ 5% HIGH HOLD

International Stock Sector JXI iShares S&P Global Utilities 44.59$ 44.56$ 0% HIGH HOLD

International Stock Sector KOL Market Vectors Coal ETF 35.04$ 35.08$ 0% HIGH AVOID

International Stock Sector KWT Market Vectors Solar Energy ETF 11.81$ 12.20$ -3% HIGH AVOID

International Stock Sector KXI iShares S&P Global Consumer Staples 58.05$ 56.95$ 2% HIGH HOLD

International Stock Sector MOO Market Vectors Agribusiness ETF 44.92$ 42.72$ 5% HIGH HOLD

International Stock Sector MXI iShares S&P Global Materials 60.47$ 59.64$ 1% HIGH HOLD

International Stock Sector NLR Market Vectors Nuclear Energy ETF 20.66$ 21.15$ -2% HIGH AVOID

International Stock Sector NUCL iShares S&P Global Nuclear Energy Index 38.51$ 38.74$ -1% LOW Not suitable for trading

International Stock Sector OIH Oil Services HOLDRs 106.38$ 113.29$ -6% HIGH AVOID

International Stock Sector PAGG PowerShares Global Agriculture 26.72$ 25.60$ 4% HIGH HOLD

International Stock Sector PBD PowerShares Global Clean Energy 13.21$ 14.01$ -6% HIGH AVOID

International Stock Sector PBTQ PowerShares Global Biotech 23.73$ 23.68$ 0% LOW Not suitable for trading

International Stock Sector PIO PowerShares Global Water 17.41$ 17.48$ 0% HIGH AVOIDInternational Stock Sector PIO PowerShares Global Water 17.41$ 17.48$ 0% HIGH AVOID

International Stock Sector PKN PowerShares Global Nuclear Energy 18.47$ 18.44$ 0% HIGH HOLD

International Stock Sector PKOL PowerShares Global Coal 28.23$ 27.92$ 1% HIGH HOLD

International Stock Sector PRN PowerShares Dynamic Industrials 23.96$ 23.29$ 3% LOW Not suitable for trading

International Stock Sector PSTL PowerShares Global Steel 20.42$ 21.01$ -3% LOW Not suitable for trading

International Stock Sector PTRP PowerShares Global Progressive Transport 26.99$ 26.72$ 1% LOW Not suitable for trading

International Stock Sector PUW PowerShares WilderHill Progrsv Energy 23.49$ 23.51$ 0% HIGH AVOID

International Stock Sector PWND PowerShares Global Wind Energy 10.44$ 12.04$ -13% HIGH AVOID

International Stock Sector PXI PowerShares Dynamic Energy 29.24$ 28.24$ 4% LOW Not suitable for trading

International Stock Sector PXR PowerShares Emerg Mks Infrastructure 44.93$ 42.74$ 5% HIGH HOLD

International Stock Sector PYZ PowerShares Dynamic Basic Materials 29.80$ 28.96$ 3% HIGH HOLD

International Stock Sector PZD PowerShares Cleantech 23.00$ 23.29$ -1% HIGH AVOID

International Stock Sector QCLN First Trust NASDAQ Clean Edge Green Engy 14.48$ 14.88$ -3% HIGH AVOID

International Stock Sector RGI Rydex S&P Equal Weight Industrials 46.36$ 45.89$ 1% LOW Not suitable for trading

International Stock Sector ROB Claymore/Robb Report Global Luxury 19.09$ 18.19$ 5% LOW Not suitable for trading

International Stock Sector RTM Rydex S&P Equal Weight Materials 54.02$ 53.21$ 2% HIGH HOLD

International Stock Sector RWO SPDR Dow Jones Global Real Estate 35.14$ 33.16$ 6% HIGH HOLD

International Stock Sector RWX SPDR Dow Jones Intl Real Estate 36.74$ 34.66$ 6% HIGH HOLD

International Stock Sector RXI iShares S&P Global Cons Discretionary 46.01$ 45.16$ 2% HIGH HOLD

International Stock Sector SEA Claymore/Delta Global Shipping 27.27$ 20.04$ 36% HIGH HOLD

International Stock Sector SLX Market Vectors Steel ETF 60.79$ 60.95$ 0% HIGH AVOID

International Stock Sector TAN Claymore/MAC Global Solar Energy 7.84$ 8.10$ -3% HIGH AVOID

International Stock Sector TAO Claymore/AlphaShares China Real Estate 18.74$ 17.50$ 7% HIGH HOLD

International Stock Sector VAW Vanguard Materials ETF 68.79$ 67.58$ 2% HIGH HOLD

International Stock Sector VDE Vanguard Energy ETF 79.90$ 81.55$ -2% HIGH AVOID

International Stock Sector WOOD iShares S&P Global Timber & Forestry Idx 40.67$ 40.21$ 1% HIGH HOLD

International Stock Sector WPS iShares S&P Dev ex-US Property Index 31.40$ 30.04$ 5% HIGH HOLD

International Stock Sector XES SPDR S&P Oil & Gas Equipment & Services 28.14$ 28.63$ -2% HIGH AVOID

Page 11: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

Leveraged Bear BGZ Direxion Daily Large Cap Bear 3X Shares 13.89$ 15.11$ -8% LOW Not suitable for trading

Leveraged Bear DPK Direxion Daily Dev Mkts Bear 3X Shrs 12.24$ 14.87$ -18% LOW Not suitable for trading

Leveraged Bear MWN Direxion Daily Mid Cap Bear 3X Shares 16.20$ 19.12$ -15% LOW Not suitable for trading

Leveraged Bear TMV Direxion Daily 30 Yr Trs Bear 3X Shares 36.47$ 52.05$ -30% LOW Not suitable for trading

Leveraged Bear TYO Direxion Daily 10 Yr Trs Bear 3X Shares 42.92$ 53.10$ -19% LOW Not suitable for trading

Leveraged Bear TYP Direxion Daily Technology Bear 3X Shares 39.74$ 18.92$ 110% LOW Not suitable for trading

Leveraged Bear TZA Direxion Daily Small Cap Bear 3X Shares 31.50$ 15.90$ 98% LOW Not suitable for trading

Leveraged Bond TMF Direxion Daily 30 Yr Trs Bull 3X Shares 47.99$ 38.42$ 25% LOW Not suitable for trading

Leveraged Bond TYD Direxion Daily 10 Yr Trs Bull 3X Shares 63.72$ 53.99$ 18% LOW Not suitable for trading

Leveraged Commodities AGQ Ultra Silver ProShares 70.22$ 61.65$ 14% LOW Not suitable for trading

Leveraged Commodities CMD UltraShort DJ-AIG Commodity ProShares 14.36$ 15.52$ -7% LOW Not suitable for trading

Leveraged Commodities DAG PowerShares DB Agriculture Dble Long ETN 9.06$ 8.30$ 9% LOW Not suitable for trading

Leveraged Commodities DGP PowerShares DB Gold Double Long ETN 33.86$ 30.44$ 11% LOW Not suitable for trading

Leveraged Commodities DYY PowerShares DB Commodity Dble Long ETN 7.50$ 7.48$ 0% LOW Not suitable for trading

Leveraged Commodities DZZ PowerShares DB Gold Double Short ETN 10.42$ 12.02$ -13% LOW Not suitable for trading

Leveraged Commodities EUO UltraShort Euro ProShares 21.60$ 21.69$ 0% LOW Not suitable for trading

Leveraged Commodities GLL UltraShort Gold ProShares 36.94$ 28.15$ 31% LOW Not suitable for trading

Leveraged Commodities SCO UltraShort DJ-AIG Crude Oil ProShares 14.40$ 14.08$ 2% LOW Not suitable for trading

Leveraged Commodities UCD Ultra DJ-AIG Commodity ProShares 25.89$ 25.03$ 3% LOW Not suitable for trading

Leveraged Commodities UCO Ultra DJ-AIG Crude Oil ProShares 9.63$ 11.00$ -12% LOW Not suitable for trading

Leveraged Commodities UGL Ultra Gold ProShares 56.30$ 50.85$ 11% LOW Not suitable for trading

Leveraged Commodities YCS UltraShort Yen ProShares 17.22$ 19.44$ -11% LOW Not suitable for trading

Leveraged Commodities ZSL UltraShort Silver ProShares 27.99$ 36.89$ -24% LOW Not suitable for trading

Leveraged Country BZQ UltraShort MSCI Brazil ProShares 19.89$ 23.61$ -16% LOW Not suitable for trading

Leveraged Country EZJ Ultra MSCI Japan ProShares 62.11$ 64.31$ -3% LOW Not suitable for trading

Leveraged Country XPP Ultra FTSE/Xinhua China 25 ProShares 68.04$ 65.01$ 5% LOW Not suitable for trading

Leveraged Currency DRR Market Vectors Double Short Euro ETN 48.32$ 48.52$ 0% LOW Not suitable for trading

Leveraged Currency ULE Ultra Euro ProShares 24.91$ 25.50$ -2% LOW Not suitable for trading

Leveraged Currency URR Market Vectors Double Long Euro ETN 27.75$ 28.43$ -2% LOW Not suitable for trading

Leveraged Currency YCL Ultra Yen ProShares 31.06$ 28.23$ 10% LOW Not suitable for trading

Leveraged Developed markets DZK Direxion Daily Dev Mkts Bull 3X Shrs 54.34$ 59.68$ -9% LOW Not suitable for trading

Leveraged Emerging Markets EDC Direxion Daily Emrg Mkts Bull 3X Shares 30.11$ 71.80$ -58% LOW Not suitable for trading

LEVERAGED

Leveraged Emerging Markets EDC Direxion Daily Emrg Mkts Bull 3X Shares 30.11$ 71.80$ -58% LOW Not suitable for trading

Leveraged Emerging Markets EDZ Direxion Daily Emrg Mkts Bear 3X Shares 32.32$ 32.48$ 0% LOW Not suitable for trading

Leveraged Emerging Markets EET Ultra MSCI Emerging Mkts ProShares 87.30$ 82.81$ 5% LOW Not suitable for trading

Leveraged Emerging Markets EEV UltraShort MSCI Emerging Mkts ProShares 42.57$ 50.77$ -16% LOW Not suitable for trading

Leveraged International Stocks EFO Ultra MSCI EAFE ProShares 70.67$ 69.98$ 1% LOW Not suitable for trading

Leveraged International Stocks EFU UltraShort MSCI EAFE ProShares 34.40$ 38.34$ -10% LOW Not suitable for trading

Leveraged International Stocks EWV UltraShort MSCI Japan ProShares 44.96$ 45.53$ -1% LOW Not suitable for trading

Leveraged International Stocks FXP UltraShort FTSE/Xinhua China25 Proshares 34.90$ 26.91$ 30% LOW Not suitable for trading

Leveraged International Stocks JPX UltraShort MSCI Pacific ex-Jpn ProShares 15.05$ 17.78$ -15% LOW Not suitable for trading

Leveraged International Stocks SMK UltraShort MSCI Mexico InvstMt ProShares 20.36$ 22.44$ -9% LOW Not suitable for trading

Leveraged Options VXX iPath S&P 500 VIX Short-Term Futures ETN 19.74$ 24.80$ -20% LOW Not suitable for trading

Leveraged Options VXZ iPath S&P 500 VIX Mid-Term Futures ETN 86.95$ 80.00$ 9% LOW Not suitable for trading

Leveraged Sector DIG Ultra Oil & Gas ProShares 29.71$ 31.93$ -7% LOW Not suitable for trading

Leveraged Sector DRN Direxion Daily Real Estate Bull 3X Shrs 46.51$ 96.25$ -52% LOW Not suitable for trading

Leveraged Sector DRV Direxion Daily Real Estate Bear 3X Shrs 25.43$ 15.10$ 68% LOW Not suitable for trading

Leveraged Sector DUG UltraShort Oil & Gas ProShares 60.99$ 43.82$ 39% LOW Not suitable for trading

Leveraged Sector ERX Direxion Daily Energy Bull 3X Shares 30.42$ 34.83$ -13% LOW Not suitable for trading

Leveraged Sector ERY Direxion Daily Energy Bear 3X Shares 48.51$ 23.73$ 104% LOW Not suitable for trading

Leveraged Sector FAS Direxion Daily Financial Bull 3X Shares 21.21$ 51.31$ -59% LOW Not suitable for trading

Leveraged Sector FAZ Direxion Daily Financial Bear 3X Shares 14.11$ 15.23$ -7% LOW Not suitable for trading

Leveraged Sector LTL Ultra Telecommunications ProShares 42.69$ 55.34$ -23% LOW Not suitable for trading

Leveraged Sector PHO PowerShares Water Resources 15.86$ 16.50$ -4% LOW Not suitable for trading

Leveraged Sector QID UltraShort QQQ ProShares 16.42$ 17.63$ -7% LOW Not suitable for trading

Leveraged Sector QLD Ultra QQQ ProShares 60.27$ 60.08$ 0% LOW Not suitable for trading

Leveraged Sector REA Rydex 2x S&P Select Sector Energy 16.91$ 18.94$ -11% LOW Not suitable for trading

Leveraged Sector REC Rydex Inverse 2x S&P Select Sector Engy 5.70$ 5.36$ 6% LOW Not suitable for trading

Leveraged Sector REW UltraShort Technology ProShares 21.69$ 22.13$ -2% LOW Not suitable for trading

Leveraged Sector RFL Rydex 2x S&P Select Sector Financial 12.79$ 13.46$ -5% LOW Not suitable for trading

Leveraged Sector RFN Rydex Inverse 2x S&P Select Sector Fincl 5.05$ 5.05$ 0% LOW Not suitable for trading

Page 12: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

Leveraged Sector RHM Rydex 2x S&P Select Sector Health Care 56.85$ 62.85$ -10% LOW Not suitable for trading

Leveraged Sector RHO Rydex Inverse 2x S&P Select Sector Hlth 36.81$ 34.30$ 7% LOW Not suitable for trading

Leveraged Sector ROM Ultra Technology ProShares 47.30$ 49.76$ -5% LOW Not suitable for trading

Leveraged Sector RTG Rydex 2x S&P Select Sector Technology 45.89$ 49.13$ -7% LOW Not suitable for trading

Leveraged Sector RTW Rydex Inverse 2x S&P Select Sector Tech 18.25$ 18.13$ 1% LOW Not suitable for trading

Leveraged Sector RXD UltraShort Health Care ProShares 34.81$ 34.59$ 1% LOW Not suitable for trading

Leveraged Sector RXL ProShares Ultra Health Care 45.44$ 47.94$ -5% LOW Not suitable for trading

Leveraged Sector SCC UltraShort Consumer Services ProShares 30.44$ 32.47$ -6% LOW Not suitable for trading

Leveraged Sector SDP UltraShort Utilities ProShares 17.97$ 20.31$ -12% LOW Not suitable for trading

Leveraged Sector SIJ UltraShort Industrials ProShares 18.90$ 20.62$ -8% LOW Not suitable for trading

Leveraged Sector SKF UltraShort Financials ProShares 20.47$ 21.06$ -3% LOW Not suitable for trading

Leveraged Sector SMN UltraShort Basic Materials ProShares 32.18$ 25.39$ 27% LOW Not suitable for trading

Leveraged Sector SRS UltraShort Real Estate ProShares 22.37$ 18.25$ 23% LOW Not suitable for trading

Leveraged Sector SSG UltraShort Semiconductor ProShares 17.44$ 17.19$ 1% LOW Not suitable for trading

Leveraged Sector SZK UltraShort Consumer Goods ProShares 35.15$ 38.03$ -8% LOW Not suitable for trading

Leveraged Sector TLL UltraShort Telecommunications ProShares 11.69$ 13.72$ -15% LOW Not suitable for trading

Leveraged Sector TYH Direxion Daily Technology Bull 3X Shares 29.97$ 85.50$ -65% LOW Not suitable for trading

Leveraged Sector UCC Ultra Consumer Services ProShares 36.62$ 36.95$ -1% LOW Not suitable for trading

Leveraged Sector UGE Ultra Consumer Goods ProShares 55.76$ 54.11$ 3% LOW Not suitable for trading

Leveraged Sector UPW Ultra Utilities ProShares 39.69$ 37.16$ 7% LOW Not suitable for trading

Leveraged Sector URE Ultra Real Estate ProShares 43.67$ 28.71$ 52% LOW Not suitable for trading

Leveraged Sector USD Ultra Semiconductor ProShares 27.11$ 31.13$ -13% LOW Not suitable for trading

Leveraged Sector UXI Ultra Industrials ProShares 33.77$ 34.03$ -1% LOW Not suitable for trading

Leveraged Sector UYG Ultra Financials ProShares 54.04$ 37.91$ 43% LOW Not suitable for trading

Leveraged Sector UYM Ultra Basic Materials ProShares 32.61$ 32.02$ 2% LOW Not suitable for trading

Leveraged US Bonds PST UltraShort 7-10 Year Treasury ProShares 40.43$ 46.96$ -14% LOW Not suitable for trading

Leveraged US Bonds TBT UltraShort 20+ Year Treasury ProShares 32.81$ 41.49$ -21% LOW Not suitable for trading

Leveraged US stocks BGU Direxion Daily Large Cap Bull 3X Shares 48.62$ 51.75$ -6% LOW Not suitable for trading

Leveraged US stocks DDM Ultra Dow30 ProShares 44.76$ 44.51$ 1% LOW Not suitable for trading

Leveraged US stocks DXD UltraShort Dow30 ProShares 26.02$ 27.58$ -6% LOW Not suitable for trading

Leveraged US stocks JFT KEYnotes First Trust Enh 130/30 LgCp ETN 29.09$ 29.11$ 0% LOW Not suitable for trading

Leveraged US stocks MVV Ultra MidCap400 ProShares 45.49$ 45.74$ -1% LOW Not suitable for trading

Leveraged US stocks MWJ Direxion Daily Mid Cap Bull 3X Shares 31.54$ 65.93$ -52% LOW Not suitable for tradingLeveraged US stocks MWJ Direxion Daily Mid Cap Bull 3X Shares 31.54$ 65.93$ -52% LOW Not suitable for trading

Leveraged US Stocks MZZ UltraShort MidCap400 ProShares 17.32$ 18.78$ -8% LOW Not suitable for trading

Leveraged US stocks RMM Rydex 2x S&P MidCap 400 39.16$ 40.81$ -4% LOW Not suitable for trading

Leveraged US stocks RMS Rydex Inverse 2x S&P MidCap 400 27.02$ 26.25$ 3% LOW Not suitable for trading

Leveraged US stocks RRY Rydex 2x Russell 2000 35.28$ 36.44$ -3% LOW Not suitable for trading

Leveraged US stocks RRZ Rydex Inverse 2x Russell 2000 31.17$ 31.56$ -1% LOW Not suitable for trading

Leveraged US stocks RSU Rydex 2x S&P 500 32.04$ 32.83$ -2% LOW Not suitable for trading

Leveraged US stocks RSW Rydex Inverse 2x S&P 500 51.27$ 53.27$ -4% LOW Not suitable for trading

Leveraged US stocks SAA ProShares Ultra SmallCap 600 31.84$ 33.42$ -5% LOW Not suitable for trading

Leveraged US Stocks SDD UltraShort SmallCap600 ProShares 20.99$ 22.37$ -6% LOW Not suitable for trading

Leveraged US Stocks SDK UltraShort Russell MidCap Gr ProShares 21.09$ 22.98$ -8% LOW Not suitable for trading

Leveraged US Stocks SDS UltraShort S&P500 ProShares 31.63$ 32.90$ -4% LOW Not suitable for trading

Leveraged US Stocks SFK UltraShort Russell1000 Growth ProShares 32.26$ 33.56$ -4% LOW Not suitable for trading

Leveraged US Stocks SJF UltraShort Russell1000 Value ProShares 45.15$ 47.36$ -5% LOW Not suitable for trading

Leveraged US Stocks SJH UltraShort Russell2000 Value ProShares 20.81$ 22.25$ -6% LOW Not suitable for trading

Leveraged US Stocks SJL UltraShort Russell MidCap Val ProShares 20.29$ 22.29$ -9% LOW Not suitable for trading

Leveraged US Stocks SKK UltraShort Russell2000 Growth ProShares 15.76$ 17.11$ -8% LOW Not suitable for trading

Leveraged US Stocks SPXU UltraPro Short S&P500 ProShares 30.06$ 32.12$ -6% LOW Not suitable for trading

Leveraged US stocks SSO Ultra S&P500 ProShares 37.38$ 38.29$ -2% LOW Not suitable for trading

Leveraged US stocks TNA Direxion Daily Small Cap Bull 3X Shares 41.51$ 46.64$ -11% LOW Not suitable for trading

Leveraged US Stocks TWM UltraShort Russell2000 ProShares 19.75$ 21.26$ -7% LOW Not suitable for trading

Leveraged US Stocks TWQ UltraShort Russell3000 ProShares 22.18$ 22.96$ -3% LOW Not suitable for trading

Leveraged US stocks UKF Ultra Russell1000 Growth ProShares 37.80$ 38.55$ -2% LOW Not suitable for trading

Leveraged US stocks UKK Ultra Russell2000 Growth ProShares 31.57$ 32.62$ -3% LOW Not suitable for trading

Leveraged US stocks UKW Ultra Russell MidCap Growth ProShares 33.77$ 33.66$ 0% LOW Not suitable for trading

Leveraged US stocks UPRO UltraPro S&P500 ProShares 141.57$ 150.88$ -6% LOW Not suitable for trading

Leveraged US stocks UVG Ultra Russell1000 Value ProShares 23.08$ 23.72$ -3% LOW Not suitable for trading

Leveraged US stocks UVT Ultra Russell2000 Value ProShares 22.33$ 23.94$ -7% LOW Not suitable for trading

Leveraged US stocks UVU Ultra Russell MidCap Value ProShares 27.11$ 27.18$ 0% LOW Not suitable for trading

Leveraged US stocks UWC Ultra Russell3000 ProShares 58.14$ 60.33$ -4% LOW Not suitable for trading

Leveraged US stocks UWM Ultra Russell2000 ProShares 29.07$ 30.51$ -5% LOW Not suitable for trading

Page 13: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

Specialty US Stocks CSD Claymore/Beacon Spin-Off 19.84$ 19.89$ 0% HIGH AVOID

Specialty US Stocks DSI iShares KLD 400 Social Index 41.74$ 42.67$ -2% HIGH AVOID

Specialty US Stocks FPX First Trust US IPO Index 20.29$ 20.26$ 0% LOW Not suitable for trading

Specialty US Stocks GCE Claymore CEF GS Connect ETN 16.66$ 16.28$ 2% HIGH HOLD

Specialty US Stocks KLD iShares KLD Select Social Index 48.28$ 48.93$ -1% LOW Not suitable for trading

Specialty US Stocks NFO Claymore/Sabrient Insider 27.21$ 27.21$ 0% HIGH AVOID

Specialty US Stocks OTP Claymore/Ocean Tomo Patent 22.51$ 22.69$ -1% LOW Not suitable for trading

Specialty US Stocks OTR Claymore/Ocean Tomo Growth 24.62$ 24.33$ 1% LOW Not suitable for trading

Specialty US Stocks PDP PowerShares DWA Technical Leaders 20.11$ 19.72$ 2% HIGH HOLD

Specialty US Stocks PIQ PowerShares Dynamic MagniQuant 20.65$ 20.87$ -1% LOW Not suitable for trading

Specialty US Stocks PIV PowerShares Value Line Timeliness Select 11.94$ 11.62$ 3% HIGH HOLD

Specialty US Stocks PKW PowerShares Buyback Achievers 21.21$ 21.19$ 0% LOW Not suitable for trading

Specialty US Stocks PNXQ PowerShares NXQ 26.99$ 25.89$ 4% LOW Not suitable for trading

Specialty US Stocks PQY PowerShares Active AlphaQ 24.44$ 23.88$ 2% HIGH HOLD

Specialty US Stocks PQZ PowerShares Active Alpha Multi-Cap 16.26$ 16.95$ -4% LOW Not suitable for trading

Specialty US Stocks WMW ELEMENTS Morningstar Wide Moat Focus ETN 10.37$ 10.60$ -2% LOW Not suitable for trading

Specialty US Stocks XRO Claymore/Zacks Sector Rotation 21.51$ 21.35$ 1% LOW Not suitable for trading

SPECIALTY

Page 14: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

US Bond Broad AGG iShares Barclays Aggregate Bond 108.18$ 105.75$ 2% MEDIUM HOLD

US Bond Broad BND Vanguard Total Bond Market ETF 82.31$ 80.44$ 2% MEDIUM HOLD

US Bond Broad CFT iShares Barclays Credit Bond 107.19$ 103.76$ 3% MEDIUM HOLD

US Bond Broad LAG SPDR Barclays Capital Aggregate Bond 57.46$ 56.01$ 3% MEDIUM HOLD

US Bond Broad PLW PowerShares 1-30 Laddered Treasury 29.53$ 27.85$ 6% MEDIUM HOLD

US Bond Convertible CWB SPDR Barclays Capital Convertible Bond 38.27$ 37.71$ 1% MEDIUM HOLD

US Bond High Yield Bonds HYG iShares iBoxx $ High Yield Corporate Bd 88.23$ 87.17$ 1% MEDIUM HOLD

US Bond High Yield Bonds JNK SPDR Barclays Capital High Yield Bond 39.33$ 38.83$ 1% MEDIUM HOLD

US Bond High Yield Bonds PHB PowerShares High Yield Corporate Bond 18.09$ 17.83$ 1% MEDIUM HOLD

US Bond Inflation adjusted IPE SPDR Barclays Capital TIPS 53.39$ 52.20$ 2% MEDIUM HOLD

US Bond Inflation adjusted TIP iShares Barclays TIPS Bond 108.06$ 105.75$ 2% MEDIUM HOLD

US Bond Intermediate term BIV Vanguard Intermediate-Term Bond ETF 85.84$ 82.33$ 4% MEDIUM HOLD

US Bond Intermediate term CIU iShares Barclays Intermediate Credit Bd 107.53$ 104.99$ 2% MEDIUM HOLD

US Bond Intermediate term GVI iShares Barclays Interm Govt/Credit Bond 109.95$ 107.57$ 2% MEDIUM HOLD

US Bond Intermediate term ITE SPDR Barclays Capital Interm Term Trs 59.94$ 58.48$ 2% MEDIUM HOLD

US Bond Intermediate term ITR SPDR Barclays Cptl Interm Term Crdt Bd 33.37$ 32.55$ 3% MEDIUM HOLD

US Bond Intermediate term TLH iShares Barclays 10-20 Year Treasury Bd 120.65$ 112.90$ 7% MEDIUM HOLD

US Bond Intermediate term UBD Claymore U.S. Capital Markets Bond 53.42$ 51.29$ 4% LOW Not suitable for trading

US Bond Investment grade LQD iShares iBoxx $ Invest Grade Corp Bond 111.65$ 107.42$ 4% MEDIUM HOLD

US Bond Long term BLV Vanguard Long-Term Bond ETF 84.93$ 80.00$ 6% MEDIUM HOLD

US Bond Long term EDV Vanguard Extended Dur Trs Idx ETF 96.65$ 86.40$ 12% MEDIUM HOLD

US Bond Long term GBF iShares Barclays Government/Credit Bond 110.53$ 107.37$ 3% LOW Not suitable for trading

US Bond Long term LWC SPDR Barclays Capital Long Crdt Term Bd 38.18$ 36.45$ 5% LOW Not suitable for trading

US Bond Long term TLO SPDR Barclays Capital Long Term Treasury 60.73$ 56.51$ 7% LOW Not suitable for trading

US Bond Long term TLT iShares Barclays 20+ Year Treas Bond 103.75$ 95.89$ 8% MEDIUM HOLD

US Bond Mortgage-backed AGZ iShares Barclays Agency Bond 111.06$ 109.33$ 2% MEDIUM HOLD

US Bond Mortgage-backed MBB iShares Barclays MBS Bond 109.32$ 108.11$ 1% MEDIUM HOLD

US Bond Mortgage-backed MBG SPDR Barclays Cap Mortgage Backed Bond 27.45$ 27.04$ 2% LOW Not suitable for trading

US Bond Munis CMF iShares S&P CA AMT-Free Municipal Bd 109.65$ 107.42$ 2% LOW Not suitable for trading

US Bond Munis CXA SPDR Barclays Capital California Muni Bd 23.32$ 22.67$ 3% MEDIUM HOLD

US Bond Munis HYD Market Vectors High-Yield Muni ETF 30.93$ 30.75$ 1% MEDIUM HOLD

US BOND

US Bond Munis HYD Market Vectors High-Yield Muni ETF 30.93$ 30.75$ 1% MEDIUM HOLD

US Bond Munis INY SPDR Barclays Capital New York Muni Bond 23.22$ 22.72$ 2% LOW Not suitable for trading

US Bond Munis ITM Market Vectors Intermediate Muni ETF 22.29$ 21.70$ 3% MEDIUM HOLD

US Bond Munis MLN Market Vectors Long Municipal ETF 18.94$ 18.50$ 2% MEDIUM HOLD

US Bond Munis MUB iShares S&P National AMT-Free Muni Bd 106.29$ 104.25$ 2% MEDIUM HOLD

US Bond Munis NYF iShares S&P NY AMT-Free Municipal Bd 107.60$ 105.62$ 2% LOW Not suitable for trading

US Bond Munis PRB Market Vectors Pre-Refunded Muni ETF 25.39$ 25.13$ 1% LOW Not suitable for trading

US Bond Munis PVI PowerShares VRDO Tax-Free Weekly 24.99$ 24.99$ 0% MEDIUM HOLD

US Bond Munis PWZ PowerShares Insured California Muni Bond 24.37$ 23.85$ 2% LOW Not suitable for trading

US Bond Munis PZA PowerShares Insured National Muni Bond 24.44$ 23.94$ 2% MEDIUM HOLD

US Bond Munis PZT PowerShares Insured New York Muni Bond 23.97$ 23.45$ 2% LOW Not suitable for trading

US Bond Munis SHM SPDR Barclays Capital Short Term Muni Bd 24.33$ 24.12$ 1% MEDIUM HOLD

US Bond Munis SMB Market Vectors Short Municipal ETF 17.66$ 17.45$ 1% MEDIUM HOLD

US Bond Munis SUB iShares S&P S/T Natnl AMT-Free Muni Bd 106.06$ 105.46$ 1% MEDIUM HOLD

US Bond Munis TFI SPDR Barclays Capital Municipal Bond 23.48$ 22.99$ 2% MEDIUM HOLD

US Bond Short term BIL SPDR Barclays Capital 1-3 Month T-Bill 45.85$ 45.85$ 0% MEDIUM AVOID

US Bond Short term BSV Vanguard Short-Term Bond ETF 81.54$ 80.55$ 1% MEDIUM HOLD

US Bond Short term CSJ iShares Barclays 1-3 Year Credit Bond 104.84$ 104.31$ 1% MEDIUM HOLD

US Bond Short term IEF iShares Barclays 7-10 Year Treasury 98.07$ 93.01$ 5% MEDIUM HOLD

US Bond Short term IEI iShares Barclays 3-7 Year Treasury Bond 117.38$ 113.66$ 3% MEDIUM HOLD

US Bond Short term PLK PowerShares Active Low Duration 25.51$ 25.38$ 0% LOW Not suitable for trading

US Bond Short term SHV iShares Barclays Short Treasury Bond 110.22$ 110.20$ 0% MEDIUM HOLD

US Bond Short term SHY iShares Barclays 1-3 Year Treasury Bond 84.27$ 83.75$ 1% MEDIUM HOLD

US Bond Short term ULQ Claymore U.S. Capital Mkts Micro-Trm F/I 49.77$ 49.80$ 0% LOW Not suitable for trading

US Bond Short term USY WisdomTree U.S. Short-Term Govt Income 24.98$ 24.98$ 0% LOW Not suitable for trading

Page 15: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

US Stock Broad BVT ELEMENTS BG Total Market ETN 10.88$ 10.80$ 1% LOW Not suitable for trading

US Stock Broad TMW SPDR Dow Jones Total Market 82.73$ 83.23$ -1% LOW Not suitable for trading

US Stock Broad VTI Vanguard Total Stock Market ETF 56.73$ 57.06$ -1% HIGH AVOID

US Stock Defensive DEF Claymore/Sabrient Defensive Equity 22.67$ 21.68$ 5% LOW Not suitable for trading

US Stock Large Cap Blend AOA iShares S&P Aggressive Allocation 30.49$ 30.31$ 1% HIGH HOLD

US Stock Large Cap Blend AOK iShares S&P Conservative Allocation 7.52$ 22.60$ -67% LOW Not suitable for trading

US Stock Large Cap Blend AOM iShares S&P Moderate Allocation 28.69$ 28.41$ 1% HIGH HOLD

US Stock Large Cap Blend AOR iShares S&P Growth Allocation 29.35$ 29.15$ 1% HIGH HOLD

US Stock Large Cap Blend EEH ELEMENTS SPECTRUM Lg Cap U.S. Sector ETN 8.25$ 8.30$ -1% LOW Not suitable for trading

US Stock Large Cap Blend ELR SPDR Dow Jones Large Cap 52.02$ 52.29$ -1% LOW Not suitable for trading

US Stock Large Cap Blend EPS WisdomTree Earnings 500 38.84$ 39.06$ -1% HIGH AVOID

US Stock Large Cap Blend EXT WisdomTree Total Earnings 39.72$ 39.93$ -1% HIGH AVOID

US Stock Large Cap Blend FEX First Trust Large Cap Core AlphaDEX 24.15$ 23.90$ 1% HIGH HOLD

US Stock Large Cap Blend ISI iShares S&P 1500 Index 50.41$ 50.71$ -1% MEDIUM AVOID

US Stock Large Cap Blend IVV iShares S&P 500 Index 111.76$ 112.55$ -1% HIGH AVOID

US Stock Large Cap Blend IWB iShares Russell 1000 Index 61.44$ 61.91$ -1% HIGH AVOID

US Stock Large Cap Blend IYY iShares Dow Jones U.S. Index 55.60$ 55.98$ -1% HIGH AVOID

US Stock Large Cap Blend JKD iShares Morningstar Large Core Index 63.29$ 64.27$ -2% HIGH AVOID

US Stock Large Cap Blend MGC Vanguard Mega Cap 300 Index ETF 38.08$ 38.47$ -1% HIGH AVOID

US Stock Large Cap Blend OEF iShares S&P 100 Index 50.51$ 51.19$ -1% HIGH AVOID

US Stock Large Cap Blend PJF PowerShares Dynamic Large Cap 21.69$ 21.86$ -1% LOW Not suitable for trading

US Stock Large Cap Blend PWC PowerShares Dynamic Market 37.91$ 38.13$ -1% HIGH AVOID

US Stock Large Cap Blend RSP Rydex S&P Equal Weight 40.98$ 40.92$ 0% HIGH HOLD

US Stock Large Cap Blend SPY SPDRs 111.30$ 112.14$ -1% HIGH AVOID

US Stock Large Cap Blend VIG Vanguard Dividend Appreciation ETF 47.51$ 47.36$ 0% HIGH HOLD

US Stock Large Cap Blend VV Vanguard Large Cap ETF 50.72$ 51.01$ -1% HIGH AVOID

US Stock Large Cap Blend XLG Rydex Russell Top 50 80.55$ 82.22$ -2% HIGH AVOID

US Stock Large Cap Growth ELG SPDR Dow Jones Large Cap Growth 48.94$ 49.36$ -1% HIGH AVOID

US Stock Large Cap Growth FTC First Trust Large Cap Gr Opp AlphaDEX 24.48$ 24.14$ 1% HIGH HOLD

US Stock Large Cap Growth IVW iShares S&P 500 Growth Index 57.45$ 57.65$ 0% HIGH AVOID

US Stock Large Cap Growth IWF iShares Russell 1000 Growth Index 49.57$ 49.85$ -1% HIGH AVOID

US STOCK

US Stock Large Cap Growth IWF iShares Russell 1000 Growth Index 49.57$ 49.85$ -1% HIGH AVOID

US Stock Large Cap Growth JKE iShares Morningstar Large Growth Index 56.28$ 57.31$ -2% HIGH AVOID

US Stock Large Cap Growth MGK Vanguard Mega Cap 300 Gr Index ETF 41.23$ 41.64$ -1% HIGH AVOID

US Stock Large Cap Growth ONEQ Fidelity Nasdaq Composite Index Tracking 89.38$ 90.22$ -1% HIGH AVOID

US Stock Large Cap Growth PWB PowerShares Dynamic Large Cap Growth 14.02$ 14.13$ -1% HIGH AVOID

US Stock Large Cap Growth QQEW First Trust NASDAQ-100 Equal Weight Idx 20.41$ 20.21$ 1% HIGH HOLD

US Stock Large Cap Growth QQQQ PowerShares QQQ 46.76$ 46.33$ 1% HIGH HOLD

US Stock Large Cap Growth QQXT First Trust NASDAQ-100 ex-Tech Sector 18.55$ 18.34$ 1% HIGH HOLD

US Stock Large Cap Growth ROI WisdomTree LargeCap Growth 32.61$ 33.17$ -2% LOW Not suitable for trading

US Stock Large Cap Growth RPG Rydex S&P 500 Pure Growth 36.09$ 35.22$ 2% HIGH HOLD

US Stock Large Cap Growth VUG Vanguard Growth ETF 52.99$ 53.20$ 0% HIGH AVOID

US Stock Large Cap Value BVL ELEMENTS BG Large Cap ETN 10.15$ 9.93$ 2% LOW Not suitable for trading

US Stock Large Cap Value DIA DIAMONDS Trust, Series 1 105.36$ 104.99$ 0% HIGH HOLD

US Stock Large Cap Value DLN WisdomTree LargeCap Dividend 41.74$ 41.38$ 1% HIGH HOLD

US Stock Large Cap Value DOD ELEMENTS DJ High Yield Select 10 ETN 7.55$ 7.24$ 4% LOW Not suitable for trading

US Stock Large Cap Value DTD WisdomTree Total Dividend 42.08$ 41.71$ 1% HIGH HOLD

US Stock Large Cap Value DTN WisdomTree Dividend ex-Financials 42.98$ 42.00$ 2% HIGH HOLD

US Stock Large Cap Value EEZ WisdomTree Earnings Top 100 40.33$ 39.90$ 1% LOW Not suitable for trading

US Stock Large Cap Value ELV SPDR Dow Jones Large Cap Value 58.20$ 58.39$ 0% LOW Not suitable for trading

US Stock Large Cap Value EZY WisdomTree LargeCap Value 34.39$ 35.16$ -2% LOW Not suitable for trading

US Stock Large Cap Value FDL First Trust Morningstar Div Leaders Idx 14.83$ 14.29$ 4% HIGH HOLD

US Stock Large Cap Value FDV First Trust DB Strategic Value Index 20.24$ 20.46$ -1% HIGH AVOID

US Stock Large Cap Value FTA First Trust Large Cap Value Opp AlphaDEX 23.52$ 23.35$ 1% HIGH HOLD

US Stock Large Cap Value FVD First Trust Value Line Dividend Index 13.88$ 13.65$ 2% HIGH HOLD

US Stock Large Cap Value GVT Grail American Beacon Large Value ETF 31.51$ 31.47$ 0% LOW Not suitable for trading

US Stock Large Cap Value IVE iShares S&P 500 Value Index 53.40$ 53.98$ -1% HIGH AVOID

US Stock Large Cap Value IWD iShares Russell 1000 Value Index 57.95$ 58.52$ -1% HIGH AVOID

US Stock Large Cap Value JKF iShares Morningstar Large Value Index 53.86$ 53.89$ 0% HIGH AVOID

US Stock Large Cap Value MGV Vanguard Mega Cap 300 Value Index ETF 34.96$ 35.31$ -1% HIGH AVOID

US Stock Large Cap Value MKH Market 2000 HOLDRs 46.15$ 47.09$ -2% LOW Not suitable for trading

US Stock Large Cap Value NY iShares NYSE 100 Index 53.91$ 54.55$ -1% LOW Not suitable for trading

US Stock Large Cap Value NYC iShares NYSE Composite Index 64.95$ 65.25$ 0% LOW Not suitable for trading

US Stock Large Cap Value PFM PowerShares Dividend Achievers 12.86$ 12.69$ 1% HIGH HOLD

US Stock Large Cap Value PMA PowerShares Active Mega Cap 22.21$ 22.54$ -1% LOW Not suitable for trading

US Stock Large Cap Value PRF PowerShares FTSE RAFI US 1000 49.08$ 49.28$ 0% HIGH AVOID

US Stock Large Cap Value PWV PowerShares Dynamic Large Cap Value 16.97$ 16.98$ 0% HIGH AVOID

US Stock Large Cap Value RPV Rydex S&P 500 Pure Value 24.85$ 25.23$ -2% HIGH AVOID

Page 16: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

US Stock Large Cap Value RWL RevenueShares Large Cap 20.77$ 21.02$ -1% HIGH AVOID

US Stock Large Cap Value TXF TXF Large Companies ETF 37.02$ 37.24$ -1% LOW Not suitable for trading

US Stock Large Cap Value VTV Vanguard Value ETF 47.93$ 48.29$ -1% HIGH AVOID

US Stock Large Cap Value VYM Vanguard High Dividend Yield Indx ETF 38.23$ 38.16$ 0% HIGH HOLD

US Stock Mid Cap PJG PowerShares Dynamic Mid Cap 21.61$ 21.54$ 0% LOW Not suitable for trading

US Stock Mid Cap Blend EMM SPDR Dow Jones Mid Cap 50.37$ 50.04$ 1% HIGH HOLD

US Stock Mid Cap Blend FNX First Trust Mid Cap Core AlphaDEX 27.34$ 27.31$ 0% HIGH HOLD

US Stock Mid Cap Blend FVI First Trust Value Line Equity Allc Index 17.98$ 17.89$ 1% LOW Not suitable for trading

US Stock Mid Cap Blend IJH iShares S&P MidCap 400 Index 76.70$ 76.24$ 1% HIGH HOLD

US Stock Mid Cap Blend IWR iShares Russell Midcap Index 87.07$ 86.38$ 1% HIGH HOLD

US Stock Mid Cap Blend IWV iShares Russell 3000 Index 65.55$ 66.07$ -1% HIGH AVOID

US Stock Mid Cap Blend JKG iShares Morningstar Mid Core Index 72.15$ 71.23$ 1% HIGH HOLD

US Stock Mid Cap Blend MDY MidCap SPDRs 139.35$ 138.47$ 1% HIGH HOLD

US Stock Mid Cap Blend PWJ PowerShares Dynamic Mid Cap Growth 17.67$ 17.64$ 0% HIGH HOLD

US Stock Mid Cap Blend VO Vanguard Mid Cap ETF 63.66$ 62.98$ 1% HIGH HOLD

US Stock Mid Cap Growth EMG SPDR Dow Jones Mid Cap Growth 62.07$ 61.47$ 1% HIGH HOLD

US Stock Mid Cap Growth FAD First Trust Multi Cap Growth AlphaDEX 25.45$ 25.21$ 1% LOW Not suitable for trading

US Stock Mid Cap Growth FVL First Trust Value Line 100 ETF 11.09$ 10.96$ 1% HIGH HOLD

US Stock Mid Cap Growth IJK iShares S&P MidCap 400 Growth Index 83.70$ 82.29$ 2% HIGH HOLD

US Stock Mid Cap Growth IWP iShares Russell Midcap Growth Index 47.52$ 47.03$ 1% HIGH HOLD

US Stock Mid Cap Growth IWZ iShares Russell 3000 Growth Index 40.37$ 40.60$ -1% HIGH AVOID

US Stock Mid Cap Growth JKH iShares Morningstar Mid Growth Index 80.23$ 79.09$ 1% HIGH HOLD

US Stock Mid Cap Growth PYH PowerShares Value Line Industry Rotation 18.18$ 18.66$ -3% HIGH AVOID

US Stock Mid Cap Growth RFG Rydex S&P Midcap 400 Pure Growth 63.34$ 61.80$ 2% HIGH HOLD

US Stock Mid Cap Growth RWV RevenueShares Navallier Overall A-100 31.88$ 31.70$ 1% LOW Not suitable for trading

US Stock Mid Cap Growth RYJ Claymore/Raymond James SB-1 Equity 17.11$ 17.21$ -1% HIGH AVOID

US Stock Mid Cap Growth VOT Vanguard Mid-Cap Growth ETF 51.56$ 50.56$ 2% HIGH HOLD

US Stock Mid Cap Value CZA Claymore/Zacks Mid-Cap Core 25.34$ 24.66$ 3% LOW Not suitable for trading

US Stock Mid Cap Value DON WisdomTree MidCap Dividend 45.55$ 44.93$ 1% HIGH HOLD

US Stock Mid Cap Value DVY iShares Dow Jones Select Dividend Index 45.86$ 45.20$ 1% HIGH HOLD

US Stock Mid Cap Value EMV SPDR Dow Jones Mid Cap Value 48.05$ 47.90$ 0% LOW Not suitable for trading

US Stock Mid Cap Value FAB First Trust Multi Cap Value AlphaDEX 24.67$ 24.72$ 0% HIGH AVOID

US Stock Mid Cap Value IJJ iShares S&P MidCap 400 Value Index 68.61$ 68.99$ -1% HIGH AVOIDUS Stock Mid Cap Value IJJ iShares S&P MidCap 400 Value Index 68.61$ 68.99$ -1% HIGH AVOID

US Stock Mid Cap Value IRO Claymore/Zacks Dividend Rotation 19.60$ 19.24$ 2% LOW Not suitable for trading

US Stock Mid Cap Value IWS iShares Russell Midcap Value Index 39.26$ 39.02$ 1% HIGH HOLD

US Stock Mid Cap Value IWW iShares Russell 3000 Value Index 75.86$ 76.70$ -1% HIGH AVOID

US Stock Mid Cap Value JKI iShares Morningstar Mid Value Index 67.29$ 67.77$ -1% HIGH AVOID

US Stock Mid Cap Value PEY PowerShares HighYield Dividend Achievers 8.12$ 8.00$ 1% HIGH HOLD

US Stock Mid Cap Value PWP PowerShares Dynamic Mid Cap Value 14.23$ 14.40$ -1% LOW Not suitable for trading

US Stock Mid Cap Value RWK RevenueShares Mid Cap 24.80$ 25.09$ -1% HIGH AVOID

US Stock Mid Cap Value SDY SPDR S&P Dividend 48.65$ 47.96$ 1% HIGH HOLD

US Stock Mid Cap Value VOE Vanguard Mid-Cap Value ETF 46.89$ 46.82$ 0% HIGH HOLD

US Stock Preferred shares PFF iShares S&P U.S. Preferred Stock Index 39.73$ 38.19$ 4% HIGH HOLD

US Stock Preferred shares PGX PowerShares Preferred 14.36$ 13.83$ 4% HIGH HOLD

US Stock Sector BBH Biotech HOLDRs 94.34$ 96.40$ -2% HIGH AVOID

US Stock Sector BDH Broadband HOLDRs 11.71$ 11.46$ 2% HIGH HOLD

US Stock Sector BHH B2B Internet HOLDRs 0.64$ 0.54$ 17% HIGH HOLD

US Stock Sector FBT First Trust NYSE Arca Biotech Index 33.72$ 32.98$ 2% HIGH HOLD

US Stock Sector FDN First Trust Dow Jones Internet Index 27.96$ 26.22$ 7% HIGH HOLD

US Stock Sector FIO iShares FTSE NAREIT Industrl/Offc Cp Idx 24.70$ 24.31$ 2% LOW Not suitable for trading

US Stock Sector FIW First Trust ISE Water 18.38$ 18.81$ -2% HIGH AVOID

US Stock Sector FRI First Trust S&P REIT 13.71$ 12.85$ 7% HIGH HOLD

US Stock Sector FTY iShares FTSE NAREIT Real Estate 50 31.76$ 29.86$ 6% HIGH HOLD

US Stock Sector FXD First Trust Consumer Disc AlphaDEX 16.19$ 16.17$ 0% HIGH HOLD

US Stock Sector FXG First Trust Consumer Staples AlphaDEX 18.97$ 18.71$ 1% HIGH HOLD

US Stock Sector FXH First Trust Health Care AlphaDEX 22.35$ 22.54$ -1% HIGH AVOID

US Stock Sector FXL First Trust Technology AlphaDEX 18.39$ 18.24$ 1% HIGH HOLD

US Stock Sector FXO First Trust Financials AlphaDEX 13.09$ 12.99$ 1% HIGH HOLD

US Stock Sector FXU First Trust Utilities AlphaDEX 15.74$ 15.31$ 3% HIGH HOLD

US Stock Sector HHH Internet HOLDRs 59.03$ 57.09$ 3% HIGH HOLD

US Stock Sector IAH Internet Architecture HOLDRs 49.63$ 50.51$ -2% HIGH AVOID

US Stock Sector IAI iShares Dow Jones US Broker-Dealers 25.32$ 26.73$ -5% HIGH AVOID

US Stock Sector IAK iShares Dow Jones US Insurance 28.54$ 28.50$ 0% HIGH HOLD

US Stock Sector IAT iShares Dow Jones US Regional Banks 21.74$ 23.13$ -6% HIGH AVOID

US Stock Sector IBB iShares Nasdaq Biotechnology 83.62$ 84.59$ -1% HIGH AVOID

US Stock Sector ICF iShares Cohen & Steers Realty Majors 61.69$ 57.54$ 7% HIGH HOLD

US Stock Sector IDU iShares Dow Jones US Utilities 75.57$ 73.29$ 3% HIGH HOLD

US Stock Sector IFNA iShares FTSE EPRA/NAREIT North America 37.65$ 35.44$ 6% LOW Not suitable for trading

Page 17: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

US Stock Sector IGE iShares S&P North Amer Natural Resources 33.49$ 33.81$ -1% HIGH AVOID

US Stock Sector IGM iShares S&P North Amer Technology 52.17$ 53.01$ -2% HIGH AVOID

US Stock Sector IGN iShares S&P North Amer Tech-Multimd Ntwk 27.86$ 27.66$ 1% HIGH HOLD

US Stock Sector IGV iShares S&P North Amer Tech-Software 49.52$ 47.57$ 4% HIGH HOLD

US Stock Sector IGW iShares S&P North Amer Tech-Semicondctrs 44.80$ 47.09$ -5% HIGH AVOID

US Stock Sector IHE iShares Dow Jones US Pharmaceuticals 58.93$ 57.92$ 2% HIGH HOLD

US Stock Sector IHF iShares Dow Jones US Healthcare Provider 46.79$ 48.71$ -4% HIGH AVOID

US Stock Sector IHI iShares Dow Jones US Medical Devices 51.95$ 54.87$ -5% HIGH AVOID

US Stock Sector IIH Internet Infrastructure HOLDRs 3.57$ 3.17$ 13% HIGH HOLD

US Stock Sector IYC iShares Dow Jones US Consumer Services 58.50$ 58.37$ 0% HIGH HOLD

US Stock Sector IYE iShares Dow Jones US Energy 31.40$ 32.21$ -3% HIGH AVOID

US Stock Sector IYF iShares Dow Jones US Financial Sector 51.85$ 53.38$ -3% HIGH AVOID

US Stock Sector IYG iShares Dow Jones US Financial Services 51.18$ 54.47$ -6% HIGH AVOID

US Stock Sector IYH iShares Dow Jones US Healthcare 61.18$ 62.67$ -2% HIGH AVOID

US Stock Sector IYJ iShares Dow Jones US Industrial 55.99$ 55.77$ 0% HIGH HOLD

US Stock Sector IYK iShares Dow Jones US Consumer Goods 58.25$ 57.33$ 2% HIGH HOLD

US Stock Sector IYM iShares Dow Jones US Basic Materials 61.95$ 60.54$ 2% HIGH HOLD

US Stock Sector IYR iShares Dow Jones US Real Estate 52.53$ 49.62$ 6% HIGH HOLD

US Stock Sector IYT iShares Dow Jones Transportation Average 79.30$ 77.70$ 2% HIGH HOLD

US Stock Sector IYW iShares Dow Jones US Technology 55.37$ 56.25$ -2% HIGH AVOID

US Stock Sector IYZ iShares Dow Jones US Telecom 20.89$ 19.92$ 5% HIGH HOLD

US Stock Sector KBE SPDR KBW Bank 23.11$ 24.21$ -5% HIGH AVOID

US Stock Sector KCE SPDR KBW Capital Markets 32.87$ 34.97$ -6% HIGH AVOID

US Stock Sector KIE SPDR KBW Insurance 38.36$ 38.16$ 1% HIGH HOLD

US Stock Sector KME SPDR KBW Mortgage Finance 39.68$ 43.27$ -8% LOW Not suitable for trading

US Stock Sector KRE SPDR KBW Regional Banking 22.59$ 24.40$ -7% HIGH AVOID

US Stock Sector MTK SPDR Morgan Stanley Technology 55.57$ 56.53$ -2% HIGH AVOID

US Stock Sector OOK OOK ETF 32.55$ 32.60$ 0% LOW Not suitable for trading

US Stock Sector PBE PowerShares Dynamic Biotech & Genome 18.67$ 18.30$ 2% HIGH HOLD

US Stock Sector PBJ PowerShares Dynamic Food & Beverage 15.97$ 15.43$ 4% HIGH HOLD

US Stock Sector PBS PowerShares Dynamic Media 11.86$ 12.27$ -3% HIGH AVOID

US Stock Sector PBW PowerShares WilderHill Clean Energy 9.17$ 9.53$ -4% HIGH AVOID

US Stock Sector PEJ PowerShares Dynamic Leisure & Entertain 15.31$ 14.97$ 2% HIGH HOLDUS Stock Sector PEJ PowerShares Dynamic Leisure & Entertain 15.31$ 14.97$ 2% HIGH HOLD

US Stock Sector PEZ PowerShares Dynamic Consumer Disc 21.23$ 21.41$ -1% LOW Not suitable for trading

US Stock Sector PFI PowerShares Dynamic Financials 17.01$ 17.25$ -1% LOW Not suitable for trading

US Stock Sector PIC PowerShares Dynamic Insurance 14.99$ 14.66$ 2% LOW Not suitable for trading

US Stock Sector PJB PowerShares Dynamic Banking 11.75$ 12.59$ -7% HIGH AVOID

US Stock Sector PJP PowerShares Dynamic Pharmaceuticals 20.26$ 19.38$ 5% HIGH HOLD

US Stock Sector PKB PowerShares Dynamic Building & Construct 11.65$ 12.14$ -4% HIGH AVOID

US Stock Sector PMR PowerShares Dynamic Retail 16.65$ 16.88$ -1% HIGH AVOID

US Stock Sector PNQI PowerShares NASDAQ Internet 29.50$ 27.28$ 8% HIGH HOLD

US Stock Sector PPA PowerShares Aerospace & Defense 16.83$ 17.47$ -4% HIGH AVOID

US Stock Sector PPH Pharmaceutical HOLDRs 62.91$ 63.48$ -1% HIGH AVOID

US Stock Sector PSI PowerShares Dynamic Semiconductors 12.45$ 13.13$ -5% HIGH AVOID

US Stock Sector PSJ PowerShares Dynamic Software 21.50$ 21.46$ 0% HIGH HOLD

US Stock Sector PSL PowerShares Dynamic Consumer Staples 26.25$ 25.72$ 2% HIGH HOLD

US Stock Sector PSP PowerShares Listed Private Equity 9.28$ 9.29$ 0% HIGH AVOID

US Stock Sector PSR PowerShares Active U.S. Real Estate 43.14$ 40.33$ 7% LOW Not suitable for trading

US Stock Sector PTE PowerShares Dynamic Telecom & Wireless 14.19$ 13.99$ 1% LOW Not suitable for trading

US Stock Sector PTF PowerShares Dynamic Technology 21.42$ 22.15$ -3% LOW Not suitable for trading

US Stock Sector PTH PowerShares Dynamic Healthcare 23.61$ 24.19$ -2% HIGH AVOID

US Stock Sector PTJ PowerShares Dynamic Healthcare Services 19.84$ 20.57$ -4% HIGH AVOID

US Stock Sector PUI PowerShares Dynamic Utilities 15.11$ 14.67$ 3% HIGH HOLD

US Stock Sector PXE PowerShares Dynamic Energy Explor & Prod 17.76$ 17.40$ 2% HIGH HOLD

US Stock Sector PXJ PowerShares Dynamic Oil & Gas Services 16.43$ 16.52$ -1% HIGH AVOID

US Stock Sector PXN PowerShares Lux Nanotech 8.60$ 9.42$ -9% HIGH AVOID

US Stock Sector PXQ PowerShares Dynamic Networking 21.30$ 20.08$ 6% HIGH HOLD

US Stock Sector QTEC First Trust NASDAQ-100-Tech Index 21.38$ 21.26$ 1% HIGH HOLD

US Stock Sector RCD Rydex S&P Equal Weight Consumer Disc 38.96$ 39.22$ -1% HIGH AVOID

US Stock Sector REM iShares FTSE NAREIT Mort Plus Cp Idx 14.57$ 14.71$ -1% HIGH AVOID

US Stock Sector REZ iShares FTSE NAREIT Resid Plus Cp Idx 37.35$ 34.20$ 9% HIGH HOLD

US Stock Sector RHS Rydex S&P Equal Weight Consumer Staples 52.82$ 52.20$ 1% LOW Not suitable for trading

US Stock Sector RKH Regional Bank HOLDRs 74.42$ 80.09$ -7% HIGH AVOID

US Stock Sector RTH Retail HOLDRs 92.81$ 95.13$ -2% HIGH AVOID

US Stock Sector RTL iShares FTSE NAREIT Retail Cp Idx 25.06$ 24.10$ 4% HIGH HOLD

US Stock Sector RWR SPDR Dow Jones REIT 57.00$ 53.59$ 6% HIGH HOLD

US Stock Sector RWW RevenueShares Financials Sector 28.32$ 29.25$ -3% LOW Not suitable for trading

US Stock Sector RYF Rydex S&P Equal Weight Financials 24.47$ 24.58$ 0% HIGH AVOID

US Stock Sector RYH Rydex S&P Equal Weight Health Care 55.56$ 56.95$ -2% HIGH AVOID

Page 18: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

US Stock Sector RYT Rydex S&P Equal Weight Technology 45.66$ 45.75$ 0% HIGH AVOID

US Stock Sector RYU Rydex S&P Equal Weight Utilities 48.57$ 46.44$ 5% LOW Not suitable for trading

US Stock Sector SMH Semiconductor HOLDRs 26.53$ 27.27$ -3% HIGH AVOID

US Stock Sector SWH Software HOLDRs 40.24$ 40.62$ -1% HIGH AVOID

US Stock Sector TTH Telecom HOLDRs 25.78$ 24.25$ 6% HIGH HOLD

US Stock Sector UTH Utilities HOLDRs 97.55$ 94.82$ 3% HIGH HOLD

US Stock Sector VCR Vanguard Consumer Discretionary ETF 51.20$ 50.48$ 1% HIGH HOLD

US Stock Sector VDC Vanguard Consumer Staples ETF 68.96$ 67.73$ 2% HIGH HOLD

US Stock Sector VFH Vanguard Financials ETF 29.54$ 30.34$ -3% HIGH AVOID

US Stock Sector VGT Vanguard Information Technology ETF 53.05$ 53.90$ -2% HIGH AVOID

US Stock Sector VHT Vanguard Health Care ETF 52.54$ 53.62$ -2% HIGH AVOID

US Stock Sector VIS Vanguard Industrials ETF 55.71$ 55.05$ 1% HIGH HOLD

US Stock Sector VNQ Vanguard REIT Index ETF 51.84$ 48.66$ 7% HIGH HOLD

US Stock Sector VOX Vanguard Telecom Services ETF 59.83$ 56.25$ 6% HIGH HOLD

US Stock Sector VPU Vanguard Utilities ETF 65.83$ 63.64$ 3% HIGH HOLD

US Stock Sector WMH Wireless HOLDRs 41.11$ 42.97$ -4% LOW Not suitable for trading

US Stock Sector XBI SPDR S&P Biotech 56.47$ 56.46$ 0% HIGH HOLD

US Stock Sector XHB SPDR S&P Homebuilders 15.05$ 16.01$ -6% HIGH AVOID

US Stock Sector XLB Materials Select Sector SPDR 32.41$ 32.20$ 1% HIGH HOLD

US Stock Sector XLE Energy Select Sector SPDR 54.44$ 55.74$ -2% HIGH AVOID

US Stock Sector XLF Financial Select Sector SPDR 14.38$ 14.86$ -3% HIGH AVOID

US Stock Sector XLI Industrial Select Sector SPDR 30.32$ 29.85$ 2% HIGH HOLD

US Stock Sector XLK Technology Select Sector SPDR 22.09$ 22.24$ -1% HIGH AVOID

US Stock Sector XLP Consumer Staples Select Sector SPDR 27.34$ 27.08$ 1% HIGH HOLD

US Stock Sector XLU Utilities Select Sector SPDR 31.15$ 30.14$ 3% HIGH HOLD

US Stock Sector XLV Health Care Select Sector SPDR 29.58$ 30.38$ -3% HIGH AVOID

US Stock Sector XLY Consumer Discret Select Sector SPDR 32.15$ 31.76$ 1% HIGH HOLD

US Stock Sector XME SPDR S&P Metals & Mining 51.41$ 52.28$ -2% HIGH AVOID

US Stock Sector XOP SPDR S&P Oil & Gas Exploration & Prod 40.95$ 41.72$ -2% HIGH AVOID

US Stock Sector XPH SPDR S&P Pharmaceuticals 41.97$ 40.59$ 3% HIGH HOLD

US Stock Sector XRT SPDR S&P Retail 39.13$ 38.93$ 1% HIGH HOLD

US Stock Sector XSD SPDR S&P Semiconductor 43.09$ 45.64$ -6% HIGH AVOID

US Stock Small Cap Blend BSC ELEMENTS BG Small Cap ETN 11.06$ 11.18$ -1% LOW Not suitable for tradingUS Stock Small Cap Blend BSC ELEMENTS BG Small Cap ETN 11.06$ 11.18$ -1% LOW Not suitable for trading

US Stock Small Cap Blend DSC SPDR Dow Jones Small Cap 54.88$ 55.27$ -1% LOW Not suitable for trading

US Stock Small Cap Blend EES WisdomTree SmallCap Earnings 43.28$ 43.39$ 0% HIGH AVOID

US Stock Small Cap Blend EZM WisdomTree MidCap Earnings 45.62$ 45.59$ 0% LOW Not suitable for trading

US Stock Small Cap Blend FDM First Trust Dow Jones Select MicroCap 17.73$ 18.24$ -3% HIGH AVOID

US Stock Small Cap Blend FYX First Trust Small Cap Core AlphaDEX 24.65$ 24.95$ -1% HIGH AVOID

US Stock Small Cap Blend IJR iShares S&P SmallCap 600 Index 56.82$ 57.51$ -1% HIGH AVOID

US Stock Small Cap Blend IWC iShares Russell Microcap Index 40.14$ 41.35$ -3% HIGH AVOID

US Stock Small Cap Blend IWM iShares Russell 2000 Index 64.45$ 65.27$ -1% HIGH AVOID

US Stock Small Cap Blend JKJ iShares Morningstar Small Core Index 73.74$ 74.50$ -1% HIGH AVOID

US Stock Small Cap Blend PJM PowerShares Dynamic Small Cap 18.52$ 19.11$ -3% LOW Not suitable for trading

US Stock Small Cap Blend PRFZ PowerShares FTSE RAFI US 1500 Small-Mid 52.99$ 53.70$ -1% HIGH AVOID

US Stock Small Cap Blend PWO PowerShares Dynamic OTC 41.98$ 42.14$ 0% LOW Not suitable for trading

US Stock Small Cap Blend PZJ PowerShares Zacks Small Cap 18.19$ 18.46$ -1% LOW Not suitable for trading

US Stock Small Cap Blend RWJ RevenueShares Small Cap 26.63$ 27.35$ -3% HIGH AVOID

US Stock Small Cap Blend VB Vanguard Small Cap ETF 60.54$ 60.68$ 0% HIGH AVOID

US Stock Small Cap Blend VXF Vanguard Extended Market Index ETF 45.49$ 45.35$ 0% HIGH HOLD

US Stock Small Cap Growth DSG SPDR Dow Jones Small Cap Growth 88.40$ 88.41$ 0% HIGH AVOID

US Stock Small Cap Growth IJT iShares S&P SmallCap 600 Growth 59.74$ 59.81$ 0% HIGH AVOID

US Stock Small Cap Growth IWO iShares Russell 2000 Growth Index 70.64$ 70.82$ 0% HIGH AVOID

US Stock Small Cap Growth JKK iShares Morningstar Small Growth Index 68.33$ 67.62$ 1% HIGH HOLD

US Stock Small Cap Growth PQSC PowerShares FTSE NASDAQ Small Cap 22.67$ 23.06$ -2% LOW Not suitable for trading

US Stock Small Cap Growth PWT PowerShares Dynamic Small Cap Growth 13.10$ 13.16$ -1% HIGH AVOID

US Stock Small Cap Growth RZG Rydex S&P SmallCap 600 Pure Growth 38.97$ 39.07$ 0% LOW Not suitable for trading

US Stock Small Cap Growth VBK Vanguard Small Cap Growth ETF 63.15$ 63.06$ 0% HIGH HOLD

US Stock Small Cap Value DES WisdomTree SmallCap Dividend 41.25$ 41.32$ 0% HIGH AVOID

US Stock Small Cap Value DSV SPDR Dow Jones Small Cap Value 59.13$ 59.98$ -1% HIGH AVOID

US Stock Small Cap Value IJS iShares S&P SmallCap 600 Value Index 60.03$ 61.40$ -2% HIGH AVOID

US Stock Small Cap Value IWN iShares Russell 2000 Value Index 59.79$ 61.15$ -2% HIGH AVOID

US Stock Small Cap Value JKL iShares Morningstar Small Value Index 70.63$ 71.29$ -1% HIGH AVOID

US Stock Small Cap Value PWY PowerShares Dynamic Small Cap Value 12.98$ 13.34$ -3% HIGH AVOID

US Stock Small Cap Value PZI PowerShares Zacks Micro Cap 9.55$ 10.03$ -5% HIGH AVOID

US Stock Small Cap Value RFV Rydex S&P Midcap 400 Pure Value 28.71$ 29.79$ -4% HIGH AVOID

US Stock Small Cap Value RZV Rydex S&P SmallCap 600 Pure Value 31.56$ 33.78$ -7% HIGH AVOID

US Stock Small Cap Value VBR Vanguard Small Cap Value ETF 57.43$ 57.76$ -1% HIGH AVOID

Page 19: Ox Mountain ETF Momentum Report

CATEGORY SUB-CATEGORY TICKER ETF NAME

50 day

moving

average

200 day

moving

average

% 50 day is

above

(below) 200

day

TRADABILITYPosition dictated by 50 200

Moving Average system is..

IMPORTANT!:

Investing involves risks including loss of principal - any investments made by you in any security mentioned in this report are taken at your own risk. The author may be invested in several of the investments

mentioned in this report.

There are no warranties, expressed or implied, as to accuracy, completeness, or results obtained from any information posted in this report or any linked publication or site. Ox Mountain does not endorse,

approve, certify, or control these external publications or sites and does not guarantee or assume responsibility for the accuracy, completeness, efficacy, timeliness, or correct sequencing of information

located in them.

Action terms described in this report are for illustration of my personal trading methodology only and should not in any way be construed as advice to the reader to buy, sell, hold or otherwise take any action

regarding a security.