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 12	A	Strong	N/A	Up	Up	3.58%
Sep 11	A	Strong	N/A	Up	Flat	4.51%
Sep 10	A	Strong	N/A	Up	Flat	4.33%
Sep 9	A	Strong	N/A	Up	Flat	4.62%
Sep 6	B	Strong	N/A	Up	Down	5.23%
Sep 5	A	Strong	N/A	Up	Flat	4.59%
Sep 4	A	Strong	N/A	Up	Up	3.92%
Aug 30	A	Strong	N/A	Up	Up	3.08%
Aug 29	A	Strong	N/A	Up	Up	3.90%
Aug 28	A	Strong	N/A	Up	Up	4.18%