Trend Table for NOVZ - TrueShares Structured Outcome (November) ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 16	B	Strong	Up	Up	Flat	20.58%
Jan 12	B	Strong	Up	Up	Up	20.17%
Jan 11	B	Strong	Up	Up	Up	20.28%
Jan 10	B	Strong	Up	Up	Up	20.24%
Jan 9	C	Strong	Up	Up	Flat	20.84%
Jan 8	C	Strong	Up	Up	Flat	20.69%
Jan 5	C	Strong	Up	Up	Down	22.04%
Jan 4	C	Strong	Up	Up	Down	22.21%
Jan 3	C	Strong	Up	Up	Down	21.86%
Jan 2	C	Strong	Up	Up	Down	21.15%