Trend Table for VBND - Vident Core U.S. Bond Strategy Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 26	B	Weak or Absent	Flat	Up	Flat	5.15%
Jan 25	B	Weak or Absent	Flat	Up	Flat	5.18%
Jan 24	B	Weak or Absent	Flat	Up	Flat	5.30%
Jan 23	D	Weak or Absent	Flat	Up	Flat	5.74%
Jan 20	A	Weak or Absent	Flat	Up	Flat	5.36%
Jan 19	A	Weak or Absent	Flat	Up	Up	5.05%
Jan 18	A	Weak or Absent	Flat	Up	Up	4.79%
Jan 17	C	Weak or Absent	Flat	Up	Up	5.47%
Jan 13	C	Weak or Absent	Flat	Up	Up	5.41%
Jan 12	A	Weak or Absent	Flat	Up	Up	5.10%