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 27	A	Weak or Absent	Up	Up	Up	5.79%
Aug 26	A	Weak or Absent	Up	Up	Up	5.94%
Aug 23	A	Weak or Absent	Up	Up	Up	6.04%
Aug 22	B	Weak or Absent	Up	Up	Up	6.45%
Aug 21	B	Weak or Absent	Up	Up	Up	6.08%
Aug 20	B	Weak or Absent	Up	Up	Up	6.19%
Aug 16	A	Strong	Up	Up	Up	6.52%
Aug 15	A	Strong	Up	Up	Up	6.71%
Aug 14	A	Strong	Up	Flat	Up	7.70%
Aug 13	C	Strong	Up	Down	Flat	9.92%