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 13	B	Weak or Absent	Up	Up	Up	3.23%
Sep 12	A	Weak or Absent	Up	Up	Up	3.04%
Sep 11	A	Weak or Absent	Up	Up	Flat	3.99%
Sep 10	A	Weak or Absent	Up	Up	Flat	4.16%
Sep 9	A	Weak or Absent	Up	Up	Flat	4.24%
Sep 6	B	Weak or Absent	Up	Up	Down	5.07%
Sep 5	A	Weak or Absent	Up	Up	Flat	4.02%
Sep 4	A	Weak or Absent	Up	Up	Flat	3.87%
Sep 3	A	Weak or Absent	Up	Up	Up	3.37%
Aug 30	A	Weak or Absent	Up	Up	Up	2.95%