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 11	D	Strong	Up	Flat	Up	14.67%
Jan 10	D	Strong	Up	Flat	Up	14.87%
Jan 9	D	Strong	Up	Flat	Up	14.91%
Jan 8	D	Strong	Up	Flat	Up	15.86%
Jan 5	D	Strong	Up	Down	Flat	16.34%
Jan 4	D	Strong	Up	Down	Down	17.85%
Jan 3	F	Strong	Up	Down	Down	17.81%
Jan 2	D	Strong	Up	Down	Down	17.30%
Dec 29	D	Strong	Up	Down	Down	17.50%
Dec 28	C	Strong	Up	Flat	Flat	15.01%