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 13	C	Weak or Absent	Up	Flat	Up	-3.06%
Sep 12	D	Weak or Absent	Up	Flat	Flat	-2.45%
Sep 11	D	Weak or Absent	Up	Down	Down	-1.48%
Sep 10	C	Weak or Absent	Up	Down	Down	-0.92%
Sep 9	C	Weak or Absent	Up	Down	Down	-1.26%
Sep 6	C	Weak or Absent	Up	Down	Down	-0.19%
Sep 5	C	Weak or Absent	Up	Down	Down	-2.09%
Sep 4	C	Weak or Absent	Up	Down	Down	-1.89%
Aug 30	C	Weak or Absent	Up	Up	Flat	-3.86%
Aug 29	C	Weak or Absent	Up	Up	Flat	-3.92%