Trend Table for SPQ - Simplify US Equity PLUS QIS ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 31	A	Strong	N/A	Up	Flat	10.07%
May 30	A	Strong	N/A	Up	Down	10.61%
May 29	A	Strong	N/A	Up	Flat	9.88%
May 28	A	Strong	N/A	Up	Flat	9.21%
May 24	A	Strong	N/A	Up	Flat	9.43%
May 23	A	Strong	N/A	Up	Flat	10.09%
May 22	A	Strong	N/A	Up	Up	9.25%
May 21	A	Strong	N/A	Up	Up	8.81%
May 20	A	Strong	N/A	Up	Up	9.11%
May 17	B	Strong	N/A	Up	Up	9.40%