Trend Table for ZHDG - ZEGA Buy and Hedge ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 13	B	Weak or Absent	Up	Up	Up	13.20%
May 10	B	Weak or Absent	Up	Up	Up	13.83%
May 9	B	Weak or Absent	Up	Up	Up	13.47%
May 8	B	Weak or Absent	Up	Up	Up	13.90%
May 7	B	Weak or Absent	Up	Up	Up	13.84%
May 6	C	Weak or Absent	Up	Flat	Up	14.44%
May 3	C	Weak or Absent	Up	Down	Up	15.30%
May 2	D	Weak or Absent	Up	Down	Flat	16.80%
May 1	C	Weak or Absent	Up	Down	Down	17.17%
Apr 30	C	Weak or Absent	Up	Down	Flat	16.57%