Trend Table for CEFS - Exchange Listed Funds Trust ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 12	A	Weak or Absent	Up	Up	Up	8.36%
Jun 11	A	Weak or Absent	Up	Up	Up	8.31%
Jun 10	B	Weak or Absent	Up	Up	Up	8.83%
Jun 7	B	Weak or Absent	Up	Up	Flat	9.35%
Jun 6	B	Strong	Up	Up	Up	8.57%
Jun 5	B	Strong	Up	Up	Flat	9.40%
Jun 4	B	Strong	Up	Up	Flat	9.77%
Jun 3	B	Strong	Up	Up	Flat	9.40%
May 31	B	Strong	Up	Up	Down	10.14%
May 30	B	Strong	Up	Up	Down	10.63%