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 12	C	Strong	Up	Down	Flat	9.86%
Aug 8	D	Strong	N/A	Down	Down	10.31%
Aug 7	D	Strong	N/A	Down	Down	11.89%
Aug 6	D	Strong	N/A	Down	Down	11.73%
Aug 5	D	Strong	N/A	Down	Down	13.30%
Aug 2	C	Strong	N/A	Down	Down	8.97%
Jul 31	D	Strong	N/A	Flat	Down	7.98%
Jul 30	B	Strong	N/A	Flat	Down	7.59%
Jul 26	D	Strong	N/A	Down	Down	8.69%
Jul 25	D	Strong	N/A	Flat	Down	8.38%