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
Dec 28	A	Strong	N/A	Up	Flat	16.53%
Dec 27	A	Strong	N/A	Up	Flat	16.64%
Dec 26	A	Strong	N/A	Up	Up	16.70%
Dec 22	A	Strong	N/A	Up	Flat	16.97%
Dec 21	A	Strong	N/A	Up	Flat	17.15%
Dec 20	A	Strong	N/A	Up	Flat	17.49%
Dec 19	A	Strong	N/A	Up	Up	16.97%
Dec 18	A	Strong	N/A	Up	Up	17.16%
Dec 15	A	Strong	N/A	Up	Up	17.30%
Dec 13	A	Strong	N/A	Up	Up	17.64%