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 12	C	Weak or Absent	Up	Up	Up	41.47%
Jan 11	C	Weak or Absent	Flat	Up	Up	43.56%
Jan 10	D	Weak or Absent	Down	Flat	Up	45.06%
Jan 9	D	Weak or Absent	Down	Down	Up	46.20%
Jan 6	D	Weak or Absent	Down	Down	Up	45.73%
Jan 5	D	Weak or Absent	Down	Down	Down	49.35%
Jan 4	D	Weak or Absent	Down	Down	Flat	48.06%
Jan 3	D	Weak or Absent	Down	Down	Down	49.07%
Dec 30	D	Weak or Absent	Down	Down	Flat	48.31%
Dec 29	C	Weak or Absent	Down	Down	Flat	47.67%