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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 27	B	Weak or Absent	Down	Down	Down	21.18%
Oct 26	C	Weak or Absent	Down	Down	Down	20.49%
Oct 25	C	Weak or Absent	Down	Down	Down	19.67%
Oct 24	C	Weak or Absent	Down	Down	Down	18.33%
Oct 23	C	Weak or Absent	Down	Down	Down	19.22%
Oct 20	C	Weak or Absent	Down	Down	Down	18.99%
Oct 19	C	Weak or Absent	Down	Down	Down	17.80%
Oct 18	C	Weak or Absent	Down	Down	Down	17.80%
Oct 17	C	Weak or Absent	Down	Down	Up	15.91%
Oct 16	C	Weak or Absent	Down	Down	Up	15.78%