Trend Table for BSMC - Brandes U.S. Small-Mid Cap Value ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 20	A	Weak or Absent	N/A	Up	Up	8.95%
Mar 19	A	Weak or Absent	N/A	Up	Flat	10.09%
Mar 18	A	Weak or Absent	N/A	Up	Flat	10.69%
Mar 15	A	Weak or Absent	N/A	Up	Up	10.37%
Mar 14	A	Weak or Absent	N/A	Up	Flat	10.83%
Mar 13	A	Weak or Absent	N/A	Up	Up	9.91%
Mar 12	A	Weak or Absent	N/A	Up	Up	10.32%
Mar 11	A	Weak or Absent	N/A	Up	Up	10.66%
Mar 8	A	Weak or Absent	N/A	Up	Up	10.52%
Mar 7	B	Weak or Absent	N/A	Up	Up	11.06%