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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 29	C	Weak or Absent	Flat	Down	Down	15.70%
Sep 28	C	Weak or Absent	Flat	Down	Down	15.53%
Sep 27	C	Weak or Absent	Down	Down	Down	16.25%
Sep 26	C	Weak or Absent	Down	Down	Down	16.55%
Sep 25	B	Weak or Absent	Flat	Down	Down	14.90%
Sep 22	B	Weak or Absent	Flat	Down	Down	14.82%
Sep 21	C	Weak or Absent	Flat	Down	Down	15.23%
Sep 20	C	Weak or Absent	Up	Down	Flat	13.34%
Sep 19	C	Weak or Absent	Up	Down	Flat	13.06%
Sep 18	B	Weak or Absent	Up	Down	Flat	12.42%