Trend Table for IVAL - ValueShares International Quantitative Value ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 22	C	Weak or Absent	Up	Down	Down	-4.19%
Apr 19	B	Weak or Absent	Up	Down	Down	-3.63%
Apr 18	B	Weak or Absent	Up	Down	Down	-3.74%
Apr 17	B	Weak or Absent	Up	Down	Down	-3.89%
Apr 16	B	Weak or Absent	Up	Down	Down	-4.07%
Apr 15	A	Weak or Absent	Up	Flat	Down	-5.47%
Apr 12	A	Weak or Absent	Up	Flat	Down	-5.75%
Apr 11	A	Weak or Absent	Up	Up	Down	-6.89%
Apr 10	B	Weak or Absent	Up	Up	Down	-6.45%
Apr 9	A	Weak or Absent	Up	Up	Up	-8.24%