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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 3	C	Weak or Absent	Up	Flat	Down	10.57%
Aug 2	B	Weak or Absent	Up	Flat	Down	10.38%
Aug 1	A	Strong	Up	Up	Flat	8.09%
Jul 31	A	Strong	Up	Up	Up	6.96%
Jul 28	A	Strong	Up	Up	Up	6.74%
Jul 27	B	Strong	Up	Up	Flat	8.27%
Jul 26	A	Strong	Up	Up	Up	6.63%
Jul 25	A	Strong	Up	Up	Up	7.07%
Jul 24	A	Strong	Up	Up	Up	7.68%
Jul 21	A	Weak or Absent	Up	Up	Flat	8.90%