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
Aug 1	F	Weak or Absent	Down	Down	Down	1.60%
Jul 31	D	Weak or Absent	Up	Down	Flat	-3.02%
Jul 30	D	Weak or Absent	Flat	Down	Down	-1.77%
Jul 29	D	Weak or Absent	Flat	Down	Down	-1.65%
Jul 26	D	Weak or Absent	Up	Down	Down	-2.24%
Jul 25	D	Weak or Absent	Flat	Down	Down	-1.53%
Jul 24	C	Weak or Absent	Up	Down	Down	-1.89%
Jul 23	D	Weak or Absent	Up	Flat	Down	-4.24%
Jul 22	D	Weak or Absent	Up	Flat	Flat	-4.24%
Jul 19	D	Weak or Absent	Up	Down	Down	-3.60%