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
Dec 18	B	Strong	Up	Up	Up	12.01%
Dec 15	C	Strong	Up	Flat	Down	14.10%
Dec 14	B	Strong	Up	Up	Flat	12.43%
Dec 13	B	Strong	Up	Up	Flat	11.91%
Dec 12	A	Strong	Up	Up	Flat	12.12%
Dec 11	A	Strong	Up	Up	Flat	12.73%
Dec 8	A	Strong	Up	Up	Flat	12.28%
Dec 7	C	Strong	Up	Up	Down	13.88%
Dec 6	C	Strong	Up	Up	Down	13.69%
Dec 5	A	Strong	Up	Up	Flat	12.07%