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
Jan 3	F	Strong	Up	Down	Down	15.31%
Jan 2	D	Strong	Up	Down	Down	14.80%
Dec 29	D	Strong	Up	Down	Down	15.00%
Dec 28	C	Strong	Up	Flat	Flat	12.56%
Dec 27	B	Strong	Up	Up	Up	11.40%
Dec 26	D	Strong	Up	Down	Down	16.89%
Dec 22	D	Strong	Up	Flat	Down	13.47%
Dec 21	B	Strong	Up	Up	Flat	11.07%
Dec 20	A	Strong	Up	Up	Flat	11.47%
Dec 19	B	Strong	Up	Up	Up	11.02%