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
Sep 26	B	Strong	N/A	Up	Flat	1.05%
Sep 25	A	Strong	N/A	Up	Flat	1.27%
Sep 24	B	Strong	N/A	Up	Up	0.84%
Sep 23	A	Strong	N/A	Up	Up	0.24%
Sep 20	A	Strong	N/A	Up	Up	1.14%
Sep 19	A	Strong	N/A	Up	Up	0.78%
Sep 18	A	Strong	N/A	Up	Up	1.43%
Sep 17	A	Strong	N/A	Up	Up	1.26%
Sep 16	A	Strong	N/A	Up	Up	1.11%
Sep 13	A	Strong	N/A	Up	Up	1.73%