Trend Table for DFNL - Davis Select Financial ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 4	B	Weak or Absent	Up	Up	Down	22.30%
Jun 3	B	Strong	Up	Up	Flat	21.11%
May 31	B	Strong	Up	Up	Up	20.47%
May 30	B	Strong	Up	Up	Down	22.17%
May 29	B	Strong	Up	Flat	Down	23.64%
May 28	B	Strong	Up	Up	Down	22.57%
May 24	C	Strong	Up	Up	Down	21.33%
May 23	B	Strong	Up	Up	Down	22.33%
May 22	C	Strong	Up	Up	Flat	20.66%
May 21	B	Strong	Up	Up	Flat	19.88%