Trend Table for BTAL - QuantShares U.S. Market Neutral Anti Beta Fund ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	D	Weak or Absent	Down	Up	Flat	1.06%
May 16	D	Weak or Absent	Down	Up	Flat	1.28%
May 15	D	Weak or Absent	Down	Flat	Down	2.42%
May 14	D	Weak or Absent	Down	Up	Down	1.71%
May 13	C	Weak or Absent	Down	Up	Flat	0.64%
May 10	B	Weak or Absent	Flat	Up	Up	-0.21%
May 9	C	Weak or Absent	Down	Up	Flat	0.69%
May 8	C	Weak or Absent	Flat	Up	Up	0.05%
May 7	C	Weak or Absent	Down	Up	Flat	1.17%
May 6	C	Weak or Absent	Down	Up	Down	2.20%