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 27	B	Strong	Up	Up	Up	13.82%
Dec 26	D	Strong	Up	Down	Down	19.43%
Dec 22	D	Strong	Up	Flat	Down	15.94%
Dec 21	B	Strong	Up	Up	Flat	13.49%
Dec 20	A	Strong	Up	Up	Flat	13.90%
Dec 19	B	Strong	Up	Up	Up	13.44%
Dec 18	B	Strong	Up	Up	Up	13.42%
Dec 15	C	Strong	Up	Flat	Down	15.54%
Dec 14	B	Strong	Up	Up	Flat	13.85%
Dec 13	B	Strong	Up	Up	Flat	13.32%