Trend Table for CWI - SPDR MSCI ACWI ex-US ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 3	A	Weak or Absent	Up	Up	Up	9.44%
May 2	A	Weak or Absent	Up	Up	Up	10.41%
May 1	B	Weak or Absent	Up	Down	Flat	12.25%
Apr 30	B	Weak or Absent	Up	Down	Flat	12.08%
Apr 29	A	Weak or Absent	Up	Up	Up	10.57%
Apr 26	B	Weak or Absent	Up	Flat	Up	11.22%
Apr 25	B	Weak or Absent	Up	Down	Up	12.08%
Apr 24	C	Weak or Absent	Up	Flat	Up	11.88%
Apr 23	C	Weak or Absent	Up	Flat	Up	11.76%
Apr 22	C	Weak or Absent	Up	Down	Flat	12.90%