Trend Table for DWCR - Arrow DWA Country Rotation ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 15	B	Weak or Absent	Up	Up	Up	-8.47%
Jul 12	B	Weak or Absent	Up	Up	Up	-9.37%
Jul 11	C	Weak or Absent	Up	Up	Up	-8.62%
Jul 10	C	Weak or Absent	Up	Up	Up	-8.18%
Jul 9	C	Weak or Absent	Up	Flat	Up	-7.25%
Jul 8	C	Weak or Absent	Up	Up	Up	-7.82%
Jul 3	C	Weak or Absent	Up	Up	Up	-7.49%
Jul 2	C	Weak or Absent	Up	Down	Flat	-6.15%
Jul 1	C	Weak or Absent	Up	Flat	Flat	-6.21%
Jun 28	C	Weak or Absent	Up	Down	Flat	-5.78%