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
Jan 23	B	Strong	Up	Up	Up	36.48%
Jan 20	A	Strong	Up	Up	Up	37.29%
Jan 19	A	Strong	Up	Up	Up	38.18%
Jan 18	A	Strong	Up	Up	Up	38.97%
Jan 17	B	Strong	Up	Up	Up	37.58%
Jan 13	B	Weak or Absent	Up	Up	Up	36.99%
Jan 12	C	Weak or Absent	Up	Up	Up	37.99%
Jan 11	B	Weak or Absent	Up	Up	Up	39.39%
Jan 10	B	Weak or Absent	Flat	Up	Up	41.09%
Jan 9	C	Weak or Absent	Flat	Up	Up	41.80%