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 27	B	Weak or Absent	Flat	Up	Flat	23.55%
Dec 23	B	Weak or Absent	Down	Up	Down	24.17%
Dec 22	B	Weak or Absent	Down	Up	Down	24.64%
Dec 21	B	Weak or Absent	Down	Up	Down	23.61%
Dec 20	B	Strong	Down	Up	Down	25.05%
Dec 19	B	Strong	Down	Up	Down	25.26%
Dec 16	B	Strong	Down	Up	Down	25.00%
Dec 15	B	Strong	Flat	Up	Down	22.39%
Dec 14	A	Strong	Up	Up	Up	19.65%
Dec 13	A	Strong	Up	Up	Up	19.51%