Trend Table for AFSM - Active Factor Small Cap ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 3	C	Weak or Absent	Up	Up	Flat	13.02%
May 31	C	Weak or Absent	Up	Up	Flat	12.64%
May 29	B	Weak or Absent	Up	Flat	Down	14.20%
May 28	C	Weak or Absent	Up	Up	Down	12.80%
May 24	C	Weak or Absent	Up	Up	Flat	12.44%
May 23	C	Weak or Absent	Up	Up	Down	13.63%
May 22	C	Weak or Absent	Up	Up	Flat	12.33%
May 21	B	Weak or Absent	Up	Up	Up	11.40%
May 20	B	Weak or Absent	Up	Up	Up	11.58%
May 17	B	Weak or Absent	Up	Up	Up	11.93%