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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 3	C	Weak or Absent	Up	Flat	Down	1.68%
May 31	C	Weak or Absent	Up	Down	Down	2.95%
May 30	C	Weak or Absent	Up	Down	Down	2.28%
May 29	C	Weak or Absent	Up	Flat	Down	1.84%
May 28	A	Weak or Absent	Up	Up	Flat	0.09%
May 24	A	Weak or Absent	Up	Up	Flat	0.03%
May 23	A	Weak or Absent	Up	Up	Down	0.67%
May 22	A	Weak or Absent	Up	Up	Flat	-0.07%
May 21	B	Weak or Absent	Up	Up	Flat	-0.04%
May 20	B	Weak or Absent	Up	Up	Up	-0.38%