Trend Table for XCEM - EGShares EM Core ex-China ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 1	D	Weak or Absent	Up	Down	Down	0.00%
Oct 31	D	Weak or Absent	Up	Down	Down	0.06%
Oct 30	D	Weak or Absent	Up	Down	Down	-0.75%
Oct 29	D	Weak or Absent	Up	Down	Flat	-1.61%
Oct 28	D	Weak or Absent	Up	Down	Down	-1.46%
Oct 25	D	Weak or Absent	Up	Down	Down	-1.57%
Oct 24	D	Weak or Absent	Up	Down	Down	-1.61%
Oct 23	D	Weak or Absent	Up	Down	Down	-1.28%
Oct 22	C	Weak or Absent	Up	Flat	Flat	-2.13%
Oct 21	B	Weak or Absent	Up	Flat	Flat	-2.46%