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
Apr 25	A	Strong	N/A	Flat	Flat	12.25%
Apr 24	A	Strong	N/A	Flat	Flat	11.86%
Apr 23	A	Strong	N/A	Up	Flat	11.81%
Apr 22	B	Strong	N/A	Down	Down	13.19%
Apr 18	B	Strong	N/A	Down	Down	13.25%
Apr 17	C	Strong	N/A	Flat	Down	12.95%
Apr 16	A	Strong	N/A	Flat	Down	12.40%
Apr 15	A	Strong	N/A	Flat	Down	12.35%
Apr 12	A	Strong	N/A	Up	Down	11.31%
Apr 11	A	Strong	N/A	Up	Flat	10.35%