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
Jul 22	B	Strong	N/A	Up	Down	7.10%
Jul 18	A	Strong	N/A	Up	Flat	6.64%
Jul 16	B	Strong	N/A	Up	Flat	5.99%
Jul 15	A	Strong	N/A	Up	Flat	5.77%
Jul 12	A	Strong	N/A	Up	Flat	5.82%
Jul 11	A	Strong	N/A	Up	Flat	6.13%
Jul 10	A	Strong	N/A	Up	Up	5.91%
Jul 8	A	Strong	N/A	Up	Flat	6.61%
Jul 5	A	Strong	N/A	Up	Up	6.05%
Jul 3	A	Strong	N/A	Up	Flat	6.68%