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
Sep 21	D	Weak or Absent	N/A	N/A	Down	24.11%
Sep 20	C	Weak or Absent	N/A	N/A	Flat	22.59%
Sep 19	B	Weak or Absent	N/A	N/A	Flat	21.69%
Sep 18	B	Weak or Absent	N/A	N/A	Flat	21.93%
Sep 15	B	Weak or Absent	N/A	N/A	Flat	21.96%
Sep 14	B	Weak or Absent	N/A	N/A	Flat	21.42%
Sep 13	B	Weak or Absent	N/A	N/A	Flat	21.78%
Sep 12	B	Weak or Absent	N/A	N/A	Flat	22.02%
Sep 11	B	Weak or Absent	N/A	N/A	Flat	21.78%
Sep 8	B	Weak or Absent	N/A	N/A	Flat	22.36%