Trend Table for AFSM - Active Factor Small Cap ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 29	B	Weak or Absent	Up	Up	Up	7.79%
Aug 28	B	Weak or Absent	Up	Up	Up	8.31%
Aug 27	B	Weak or Absent	Up	Up	Up	7.65%
Aug 26	B	Weak or Absent	Up	Up	Up	7.22%
Aug 23	B	Weak or Absent	Up	Up	Up	6.95%
Aug 22	B	Weak or Absent	Up	Up	Up	10.24%
Aug 21	B	Weak or Absent	Up	Up	Up	9.43%
Aug 20	C	Weak or Absent	Up	Up	Up	10.75%
Aug 19	C	Weak or Absent	Up	Up	Up	9.69%
Aug 16	C	Strong	Up	Up	Up	10.49%