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
Sep 12	B	Weak or Absent	Up	Up	Flat	5.36%
Sep 11	B	Weak or Absent	Up	Flat	Down	6.77%
Sep 10	B	Weak or Absent	Up	Up	Down	6.60%
Sep 9	B	Weak or Absent	Up	Up	Down	6.11%
Sep 6	B	Weak or Absent	Up	Up	Down	6.23%
Sep 5	A	Weak or Absent	Up	Up	Down	4.71%
Sep 4	A	Weak or Absent	Up	Up	Flat	4.05%
Aug 30	A	Weak or Absent	Up	Up	Up	2.84%
Aug 29	A	Weak or Absent	Up	Up	Up	3.10%
Aug 28	A	Weak or Absent	Up	Up	Up	3.64%