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
Aug 23	B	Weak or Absent	N/A	N/A	N/A	23.45%
Aug 22	B	Weak or Absent	N/A	N/A	N/A	24.45%
Aug 21	B	Weak or Absent	N/A	N/A	N/A	24.20%
Aug 18	C	Weak or Absent	N/A	N/A	N/A	25.02%
Aug 17	C	Weak or Absent	N/A	N/A	N/A	24.76%
Aug 15	C	Weak or Absent	N/A	N/A	N/A	23.27%
Aug 14	C	Weak or Absent	N/A	N/A	N/A	22.10%
Aug 11	C	Weak or Absent	N/A	N/A	N/A	22.72%
Aug 10	C	Weak or Absent	N/A	N/A	N/A	23.80%