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
Aug 15	C	Strong	Up	Up	Up	10.90%
Aug 14	C	Strong	Up	Flat	Flat	13.26%
Aug 13	C	Strong	Up	Flat	Flat	13.06%
Aug 12	B	Strong	Up	Down	Down	14.81%
Aug 9	C	Strong	Up	Down	Down	13.79%
Aug 8	C	Strong	Up	Down	Down	13.77%
Aug 7	B	Strong	Up	Down	Down	15.98%
Aug 6	B	Strong	Up	Down	Down	14.21%
Aug 5	B	Strong	Up	Down	Down	15.95%
Aug 2	B	Strong	Up	Flat	Down	12.36%