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
Sep 26	B	Weak or Absent	Up	Up	Flat	5.55%
Sep 25	C	Weak or Absent	Up	Up	Flat	6.54%
Sep 24	B	Weak or Absent	Up	Up	Up	5.14%
Sep 23	B	Weak or Absent	Up	Up	Up	5.02%
Sep 20	B	Weak or Absent	Up	Up	Up	4.94%
Sep 19	B	Weak or Absent	Up	Up	Up	3.94%
Sep 18	C	Weak or Absent	Up	Up	Up	6.15%
Sep 17	C	Weak or Absent	Up	Up	Up	6.45%
Sep 16	C	Weak or Absent	Up	Up	Up	7.14%
Sep 13	C	Weak or Absent	Up	Up	Up	7.93%