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 1	B	Strong	Up	Up	Down	8.40%
Jul 31	A	Strong	Up	Up	Up	5.24%
Jul 30	A	Strong	Up	Up	Up	6.14%
Jul 29	A	Strong	Up	Up	Up	6.15%
Jul 26	A	Strong	Up	Up	Up	5.36%
Jul 25	A	Strong	Up	Up	Up	7.31%
Jul 24	A	Strong	Up	Up	Flat	8.45%
Jul 23	A	Strong	Up	Up	Up	6.04%
Jul 22	B	Strong	Up	Up	Up	7.17%
Jul 19	B	Strong	Up	Up	Up	9.36%