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
Nov 6	C	Weak or Absent	N/A	Flat	Up	1.72%
Nov 5	D	Weak or Absent	N/A	Down	Flat	2.69%
Nov 4	D	Weak or Absent	N/A	Down	Down	4.20%
Nov 1	D	Weak or Absent	N/A	Down	Down	4.44%
Oct 31	D	Weak or Absent	N/A	Down	Down	4.50%
Oct 30	C	Weak or Absent	N/A	Down	Down	3.23%
Oct 29	D	Weak or Absent	N/A	Down	Down	3.24%
Oct 28	B	Weak or Absent	N/A	Flat	Down	2.11%
Oct 25	D	Weak or Absent	N/A	Down	Down	2.83%
Oct 24	B	Weak or Absent	N/A	Up	Down	1.68%