Trend Table for MSSS - Monarch Select Subsector Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 9	A	Weak or Absent	N/A	N/A	Up	0.00%
May 8	B	Weak or Absent	N/A	N/A	Up	0.61%
May 7	B	Weak or Absent	N/A	N/A	Up	0.34%
May 6	B	Weak or Absent	N/A	N/A	Up	0.59%
May 3	B	Weak or Absent	N/A	N/A	Up	1.24%
May 2	B	Weak or Absent	N/A	N/A	Up	2.06%
May 1	B	Weak or Absent	N/A	N/A	Up	3.13%
Apr 30	B	Weak or Absent	N/A	N/A	Up	3.20%
Apr 29	C	Weak or Absent	N/A	N/A	Up	2.06%
Apr 26	B	Weak or Absent	N/A	N/A	Up	2.93%