Trend Table for TBG - TBG Dividend Focus ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 14	A	Weak or Absent	N/A	Up	Up	12.63%
Aug 13	A	Weak or Absent	N/A	Up	Up	13.27%
Aug 12	B	Weak or Absent	N/A	Up	Down	14.88%
Aug 9	A	Weak or Absent	N/A	Up	Flat	13.88%
Aug 8	B	Strong	N/A	Up	Flat	14.07%
Aug 7	A	Strong	N/A	Flat	Down	15.94%
Aug 6	A	Strong	N/A	Up	Down	15.19%
Aug 5	C	Strong	N/A	Flat	Down	16.66%
Aug 2	A	Strong	N/A	Up	Down	13.91%
Aug 1	A	Strong	N/A	Up	Flat	13.37%