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
Sep 27	B	Weak or Absent	Up	Up	Up	1.14%
Sep 26	B	Weak or Absent	Up	Up	Up	2.08%
Sep 25	B	Weak or Absent	Up	Up	Up	3.12%
Sep 24	B	Weak or Absent	Up	Up	Up	1.52%
Sep 23	B	Weak or Absent	Up	Up	Up	2.30%
Sep 20	B	Weak or Absent	Up	Up	Up	3.20%
Sep 19	B	Weak or Absent	Up	Up	Up	2.32%
Sep 18	B	Weak or Absent	Up	Up	Up	3.59%
Sep 17	B	Weak or Absent	Up	Up	Up	3.98%
Sep 16	C	Weak or Absent	Up	Up	Up	4.66%