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
Mar 20	A	Weak or Absent	Up	Up	Up	13.93%
Mar 19	B	Weak or Absent	Up	Up	Flat	15.99%
Mar 18	B	Weak or Absent	Up	Up	Down	17.19%
Mar 15	B	Weak or Absent	Up	Up	Down	16.67%
Mar 14	B	Weak or Absent	Up	Up	Down	17.01%
Mar 13	B	Weak or Absent	Up	Up	Flat	15.01%
Mar 12	B	Weak or Absent	Up	Up	Down	15.50%
Mar 11	B	Strong	Up	Up	Down	15.76%
Mar 8	A	Strong	Up	Up	Flat	14.57%
Mar 7	B	Strong	Up	Up	Up	14.18%