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 19	A	Weak or Absent	Up	Up	Flat	14.84%
May 18	A	Weak or Absent	Up	Up	Flat	15.23%
May 17	A	Weak or Absent	Up	Up	Flat	14.92%
May 16	A	Weak or Absent	Up	Up	Flat	15.50%
May 15	A	Weak or Absent	Up	Up	Up	14.40%
May 12	A	Weak or Absent	Up	Up	Flat	15.68%
May 11	A	Weak or Absent	Up	Up	Flat	15.10%
May 10	A	Weak or Absent	Up	Up	Flat	14.79%
May 9	A	Weak or Absent	Up	Up	Flat	14.62%
May 8	A	Weak or Absent	Up	Up	Up	14.14%