Trend Table for DUSA - Davis Select U.S. Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Weak or Absent	Up	Up	Flat	10.25%
May 17	B	Weak or Absent	Up	Up	Up	9.83%
May 16	B	Weak or Absent	Up	Up	Up	10.22%
May 15	A	Weak or Absent	Up	Up	Up	9.43%
May 14	B	Weak or Absent	Up	Up	Up	10.55%
May 13	A	Weak or Absent	Up	Up	Up	10.78%
May 10	B	Weak or Absent	Up	Up	Up	10.55%
May 9	B	Weak or Absent	Up	Up	Up	10.85%
May 8	B	Weak or Absent	Up	Up	Up	11.41%
May 7	C	Weak or Absent	Up	Up	Up	11.49%