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 13	A	Weak or Absent	Up	Up	Up	25.07%
Dec 12	B	Weak or Absent	Up	Up	Up	28.49%
Dec 11	B	Weak or Absent	Up	Up	Up	28.30%
Dec 7	B	Weak or Absent	Up	Up	Up	29.67%
Dec 6	B	Weak or Absent	Up	Up	Up	30.58%
Dec 5	B	Weak or Absent	Up	Up	Up	29.96%
Dec 4	B	Weak or Absent	Up	Up	Up	28.50%
Nov 30	B	Weak or Absent	Up	Up	Up	33.18%
Nov 29	B	Weak or Absent	Up	Up	Up	33.80%
Nov 27	B	Weak or Absent	Up	Up	Up	32.88%