Trend Table for BEEZ - Honeytree U.S. Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 17	C	Strong	N/A	N/A	Flat	15.76%
Jan 16	A	Strong	N/A	N/A	Up	15.12%
Jan 12	B	Strong	N/A	N/A	Up	14.77%
Jan 11	B	Strong	N/A	N/A	Flat	14.97%
Jan 10	B	Strong	N/A	N/A	Flat	15.15%
Jan 9	F	Strong	N/A	N/A	Flat	15.67%
Jan 8	D	Strong	N/A	N/A	Flat	15.40%
Jan 5	F	Very Strong	N/A	N/A	Down	17.14%
Jan 4	F	Very Strong	N/A	N/A	Down	17.32%
Jan 3	F	Very Strong	N/A	N/A	Down	17.18%