Trend Table for DFND - Realty Shares DIVCON Dividend Defender ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	C	Weak or Absent	Up	Up	Flat	5.94%
May 14	B	Weak or Absent	Up	Up	Up	5.20%
May 13	B	Strong	Up	Up	Up	5.78%
May 10	B	Strong	Up	Up	Up	4.61%
May 9	B	Strong	Up	Up	Up	5.45%
May 8	C	Strong	Up	Down	Down	9.67%
May 7	C	Strong	Up	Down	Down	10.97%
May 6	B	Strong	Up	Up	Up	5.32%
May 3	A	Strong	Up	Up	Up	2.87%
May 2	A	Strong	Up	Up	Up	6.64%