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
Apr 23	C	Weak or Absent	Up	Flat	Up	2.67%
Apr 22	C	Weak or Absent	Up	Down	Flat	4.52%
Apr 19	C	Weak or Absent	Up	Down	Down	5.78%
Apr 18	C	Weak or Absent	Up	Down	Down	6.28%
Apr 17	C	Weak or Absent	Up	Down	Down	5.77%
Apr 16	B	Weak or Absent	Up	Down	Down	4.83%
Apr 15	C	Weak or Absent	Up	Down	Down	4.72%
Apr 12	C	Weak or Absent	Up	Down	Down	3.95%
Apr 11	C	Weak or Absent	Up	Flat	Down	2.53%
Apr 10	C	Weak or Absent	Up	Flat	Down	2.98%