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
Apr 22	C	Strong	Up	Down	Down	4.38%
Apr 19	C	Strong	Up	Down	Down	5.12%
Apr 18	B	Strong	Up	Down	Down	4.38%
Apr 17	B	Strong	Up	Down	Down	4.31%
Apr 16	B	Strong	Up	Down	Down	4.21%
Apr 15	B	Strong	Up	Down	Down	2.83%
Apr 12	A	Strong	Up	Flat	Down	1.73%
Apr 11	A	Strong	Up	Up	Flat	-0.41%
Apr 10	A	Strong	Up	Up	Flat	0.26%
Apr 9	A	Strong	Up	Up	Up	-1.20%