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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	D	Strong	Down	Down	Down	-0.48%
Nov 19	D	Strong	Down	Down	Flat	-0.99%
Nov 18	D	Strong	Down	Down	Down	-0.35%
Nov 15	D	Strong	Down	Down	Down	0.39%
Nov 14	D	Strong	Down	Down	Down	0.45%
Nov 13	D	Weak or Absent	Down	Down	Down	-0.03%
Nov 12	F	Weak or Absent	Down	Down	Down	-0.80%
Nov 11	D	Weak or Absent	Flat	Down	Down	-1.90%
Nov 8	D	Weak or Absent	Up	Down	Flat	-3.13%
Nov 7	C	Weak or Absent	Up	Flat	Up	-4.47%