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
Sep 22	B	Weak or Absent	Up	Down	Down	35.09%
Sep 21	B	Weak or Absent	Up	Down	Down	35.09%
Sep 20	B	Weak or Absent	Up	Down	Flat	32.78%
Sep 19	B	Weak or Absent	Up	Down	Flat	33.15%
Sep 18	C	Weak or Absent	Up	Down	Flat	33.52%
Sep 15	C	Weak or Absent	Up	Down	Flat	33.22%
Sep 14	C	Weak or Absent	Up	Down	Flat	33.04%
Sep 13	C	Weak or Absent	Up	Down	Down	33.66%
Sep 12	C	Weak or Absent	Up	Down	Down	33.81%
Sep 11	C	Weak or Absent	Up	Down	Down	33.52%