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	9.32%
Dec 21	A	Strong	Up	Up	Up	9.36%
Dec 20	A	Strong	Up	Up	Flat	11.27%
Dec 19	B	Strong	Up	Up	Up	9.81%
Dec 18	B	Strong	Up	Up	Up	10.81%
Dec 15	B	Strong	Up	Up	Up	11.14%
Dec 14	B	Strong	Up	Up	Up	10.12%
Dec 13	B	Strong	Up	Up	Up	11.20%
Dec 12	B	Strong	Up	Up	Flat	12.72%
Dec 11	B	Strong	Up	Up	Flat	12.77%