Trend Table for FIAX - Nicholas Fixed Income Alternative ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 11	B	Strong	Flat	Flat	Flat	6.87%
Oct 10	B	Strong	Flat	Flat	Flat	6.79%
Oct 9	B	Strong	Flat	Down	Flat	7.06%
Oct 6	D	Strong	Flat	Down	Flat	7.30%
Oct 5	D	Strong	Down	Down	Flat	7.52%
Oct 4	D	Strong	Down	Down	Down	7.72%
Oct 3	D	Strong	Flat	Down	Flat	7.41%
Oct 2	D	Strong	Down	Down	Down	7.61%
Sep 29	F	Strong	Flat	Down	Down	7.47%
Sep 28	C	Weak or Absent	Flat	Down	Down	7.09%