Trend Table for DFNL - Davis Select Financial ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	A	Weak or Absent	Up	Up	Up	32.06%
Feb 22	A	Weak or Absent	Up	Up	Up	32.71%
Feb 21	A	Weak or Absent	Up	Up	Up	33.28%
Feb 20	A	Weak or Absent	Up	Up	Up	33.28%
Feb 16	A	Weak or Absent	Up	Up	Up	32.70%
Feb 15	A	Weak or Absent	Up	Up	Up	32.51%
Feb 14	B	Weak or Absent	Up	Up	Flat	35.08%
Feb 13	C	Weak or Absent	Up	Flat	Down	36.99%
Feb 12	B	Weak or Absent	Up	Up	Up	34.03%
Feb 9	C	Weak or Absent	Up	Up	Flat	35.37%