Trend Table for MVFG - Monarch Volume Factor Global Unconstrained Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 16	B	Weak or Absent	N/A	N/A	Up	5.25%
May 15	B	Weak or Absent	N/A	N/A	Up	5.05%
May 14	B	Weak or Absent	N/A	N/A	Up	6.08%
May 13	C	Weak or Absent	N/A	N/A	Up	6.55%
May 10	C	Weak or Absent	N/A	N/A	Up	6.47%
May 9	C	Weak or Absent	N/A	N/A	Up	6.75%
May 8	B	Weak or Absent	N/A	N/A	Up	7.26%
May 7	B	Weak or Absent	N/A	N/A	Up	7.21%
May 6	B	Weak or Absent	N/A	N/A	Up	7.52%
May 3	B	Weak or Absent	N/A	N/A	Up	8.43%