Trend Table for DAX - Recon Capital DAX Germany ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	A	Weak or Absent	Up	Up	Up	12.48%
May 19	A	Weak or Absent	Up	Up	Up	12.22%
May 18	A	Weak or Absent	Up	Up	Flat	13.27%
May 17	A	Weak or Absent	Up	Up	Flat	13.50%
May 16	A	Weak or Absent	Up	Up	Down	14.61%
May 15	B	Weak or Absent	Up	Up	Down	13.84%
May 12	B	Weak or Absent	Up	Up	Down	14.30%
May 11	B	Weak or Absent	Up	Up	Down	14.18%
May 10	A	Weak or Absent	Up	Up	Flat	12.78%
May 9	A	Weak or Absent	Up	Up	Flat	13.04%