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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	A	Weak or Absent	Up	Up	Up	3.46%
Feb 22	A	Weak or Absent	Up	Up	Up	3.05%
Feb 21	A	Weak or Absent	Up	Up	Flat	3.83%
Feb 20	A	Weak or Absent	Up	Up	Up	3.59%
Feb 16	A	Weak or Absent	Up	Up	Up	4.00%
Feb 15	A	Weak or Absent	Up	Up	Up	3.87%
Feb 14	A	Weak or Absent	Up	Up	Up	4.21%
Feb 13	B	Weak or Absent	Up	Up	Down	5.89%
Feb 12	A	Weak or Absent	Up	Up	Up	3.76%
Feb 9	A	Weak or Absent	Up	Up	Up	4.28%