Trend Table for DAX - Recon Capital DAX Germany ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	A	Weak or Absent	Up	Up	Flat	13.02%
May 22	A	Weak or Absent	Up	Up	Up	11.56%
May 19	A	Weak or Absent	Up	Up	Up	11.30%
May 18	A	Weak or Absent	Up	Up	Flat	12.35%
May 17	A	Weak or Absent	Up	Up	Flat	12.57%
May 16	A	Weak or Absent	Up	Up	Down	13.67%
May 15	B	Weak or Absent	Up	Up	Down	12.91%
May 12	B	Weak or Absent	Up	Up	Down	13.37%
May 11	B	Weak or Absent	Up	Up	Down	13.25%
May 10	A	Weak or Absent	Up	Up	Flat	11.86%