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 23	B	Weak or Absent	Up	Up	Up	6.02%
May 22	C	Weak or Absent	Up	Flat	Down	9.20%
May 21	B	Weak or Absent	Up	Up	Up	6.88%
May 20	D	Weak or Absent	Up	Down	Down	11.19%
May 17	C	Weak or Absent	Up	Up	Up	6.74%
May 16	D	Weak or Absent	Up	Down	Down	12.91%
May 15	C	Weak or Absent	Up	Up	Flat	8.24%
May 14	B	Weak or Absent	Up	Up	Up	7.49%
May 13	B	Strong	Up	Up	Up	8.08%
May 10	B	Strong	Up	Up	Up	6.89%