Trend Table for PUTD - CBOE Validus S&P 500 Dynamic PutWrite Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 30	A	Strong	N/A	Up	Flat	9.42%
May 29	A	Strong	N/A	Up	Flat	9.08%
May 28	A	Strong	N/A	Up	Flat	8.74%
May 24	A	Strong	N/A	Up	Flat	8.79%
May 21	A	Strong	N/A	Up	Up	8.73%
May 20	A	Strong	N/A	Up	Up	8.80%
May 17	A	Strong	N/A	Up	Up	9.13%
May 16	A	Strong	N/A	Up	Up	9.01%
May 15	A	Weak or Absent	N/A	Up	Up	9.09%
May 14	A	Weak or Absent	N/A	Up	Up	9.42%