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
Dec 22	A	Strong	Up	Up	Up	16.11%
Dec 21	A	Strong	Up	Up	Up	16.15%
Dec 20	A	Strong	Up	Up	Flat	18.19%
Dec 19	B	Strong	Up	Up	Up	16.63%
Dec 18	B	Strong	Up	Up	Up	17.69%
Dec 15	B	Strong	Up	Up	Up	18.05%
Dec 14	B	Strong	Up	Up	Up	16.97%
Dec 13	B	Strong	Up	Up	Up	18.11%
Dec 12	B	Strong	Up	Up	Flat	19.73%
Dec 11	B	Strong	Up	Up	Flat	19.77%