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
Jan 27	B	Weak or Absent	Up	Up	Up	39.41%
Jan 26	B	Weak or Absent	Up	Up	Up	39.33%
Jan 25	B	Weak or Absent	Up	Up	Up	40.03%
Jan 24	B	Weak or Absent	Up	Up	Up	40.50%
Jan 23	B	Weak or Absent	Up	Up	Up	40.42%
Jan 20	B	Weak or Absent	Up	Up	Up	41.60%
Jan 19	C	Weak or Absent	Flat	Flat	Flat	43.68%
Jan 18	C	Weak or Absent	Up	Up	Up	42.65%
Jan 17	C	Weak or Absent	Up	Up	Up	40.84%
Jan 13	C	Weak or Absent	Up	Up	Up	40.48%