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
May 12	D	Weak or Absent	Down	Down	Flat	49.89%
May 11	D	Weak or Absent	Down	Down	Flat	49.54%
May 10	D	Weak or Absent	Down	Down	Up	48.71%
May 9	C	Weak or Absent	Down	Down	Flat	49.49%
May 8	D	Weak or Absent	Down	Down	Flat	48.85%
May 5	D	Weak or Absent	Down	Down	Flat	48.62%
May 4	D	Weak or Absent	Down	Down	Down	52.13%
May 3	D	Weak or Absent	Down	Down	Down	50.26%
May 2	D	Weak or Absent	Down	Down	Down	50.09%
May 1	D	Weak or Absent	Down	Down	Down	47.76%