Trend Table for BSMC - Brandes U.S. Small-Mid Cap Value ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 23	A	Weak or Absent	N/A	Up	Up	-0.46%
Jul 22	B	Weak or Absent	N/A	Up	Up	0.24%
Jul 19	A	Weak or Absent	N/A	Up	Up	-0.30%
Jul 18	B	Weak or Absent	N/A	Up	Up	0.10%
Jul 17	A	Weak or Absent	N/A	Up	Up	-1.22%
Jul 16	C	Weak or Absent	N/A	Up	Up	-0.92%
Jul 15	C	Weak or Absent	N/A	Up	Up	1.47%
Jul 12	C	Weak or Absent	N/A	Up	Up	1.72%
Jul 11	D	Weak or Absent	N/A	Up	Up	2.48%
Jul 10	D	Weak or Absent	N/A	Down	Flat	4.66%