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 1	B	Weak or Absent	Down	Flat	Flat	44.11%
May 31	D	Weak or Absent	Down	Down	Down	45.59%
May 26	C	Weak or Absent	Flat	Up	Up	43.01%
May 25	B	Weak or Absent	Down	Flat	Flat	44.06%
May 24	D	Weak or Absent	Down	Flat	Flat	44.85%
May 23	C	Weak or Absent	Down	Flat	Up	43.43%
May 22	C	Weak or Absent	Flat	Up	Up	42.77%
May 18	C	Weak or Absent	Flat	Up	Up	42.80%
May 17	D	Weak or Absent	Down	Flat	Up	43.96%
May 16	D	Weak or Absent	Down	Down	Flat	46.48%