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
Dec 28	B	Strong	Up	Up	Up	18.06%
Dec 27	B	Strong	Up	Up	Up	17.62%
Dec 26	A	Strong	Up	Up	Up	17.65%
Dec 22	B	Strong	Up	Up	Up	18.80%
Dec 21	A	Strong	Up	Up	Up	19.63%
Dec 20	A	Strong	Up	Up	Up	21.35%
Dec 19	A	Strong	Up	Up	Up	19.59%
Dec 18	A	Strong	Up	Up	Up	22.39%
Dec 15	A	Strong	Up	Up	Up	22.25%
Dec 14	A	Strong	Up	Up	Up	22.13%