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 12	A	Strong	Up	Up	Flat	13.53%
Dec 11	A	Strong	Up	Up	Flat	14.15%
Dec 8	A	Strong	Up	Up	Flat	13.70%
Dec 7	C	Strong	Up	Up	Down	15.32%
Dec 6	C	Strong	Up	Up	Down	15.12%
Dec 5	A	Strong	Up	Up	Flat	13.48%
Dec 4	A	Strong	Up	Up	Flat	13.29%
Nov 30	A	Strong	Up	Up	Flat	13.10%
Nov 29	A	Strong	Up	Up	Flat	13.68%
Nov 28	A	Strong	Up	Up	Flat	13.56%