Trend Table for QVAL - ValueShares U.S. Quantitative Value ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 8	B	Weak or Absent	Up	Up	Up	0.78%
Nov 7	A	Weak or Absent	Up	Up	Up	0.18%
Nov 6	B	Weak or Absent	Up	Up	Up	0.69%
Nov 5	C	Weak or Absent	Up	Up	Up	2.88%
Nov 4	D	Weak or Absent	Up	Down	Flat	4.21%
Nov 1	D	Weak or Absent	Up	Down	Down	4.80%
Oct 31	C	Weak or Absent	Up	Down	Down	4.80%
Oct 30	C	Weak or Absent	Up	Down	Down	4.40%
Oct 29	C	Weak or Absent	Up	Down	Down	4.56%
Oct 28	B	Weak or Absent	Up	Flat	Down	3.59%