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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 22	B	Strong	Up	Up	Flat	1.39%
Mar 21	B	Strong	Up	Up	Up	1.03%
Mar 20	B	Strong	Up	Up	Flat	1.35%
Mar 19	B	Weak or Absent	Up	Up	Down	2.51%
Mar 18	B	Strong	Up	Up	Flat	2.24%
Mar 15	A	Strong	Up	Up	Flat	2.21%
Mar 14	A	Weak or Absent	Up	Up	Up	1.45%
Mar 13	A	Weak or Absent	Up	Up	Up	1.29%
Mar 12	A	Weak or Absent	Up	Up	Up	1.16%
Mar 11	B	Weak or Absent	Up	Up	Up	2.01%