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
Dec 11	F	Strong	Down	Down	Down	-3.87%
Dec 8	F	Strong	Down	Down	Down	-3.62%
Dec 7	F	Strong	Down	Down	Down	-4.31%
Dec 6	F	Strong	Down	Down	Down	-4.99%
Dec 5	F	Strong	Down	Down	Down	-4.99%
Dec 4	F	Strong	Down	Down	Down	-4.26%
Nov 30	D	Strong	Up	Down	Down	-7.13%
Nov 29	D	Strong	Up	Down	Down	-6.57%
Nov 28	D	Weak or Absent	Up	Down	Down	-7.26%
Nov 27	C	Weak or Absent	Up	Flat	Down	-8.45%