Trend Table for DFNL - Davis Select Financial ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 19	C	Weak or Absent	Down	Down	Down	47.44%
Dec 16	C	Weak or Absent	Down	Flat	Down	47.18%
Dec 15	B	Weak or Absent	Down	Up	Down	46.23%
Dec 14	B	Weak or Absent	Up	Up	Down	43.41%
Dec 13	B	Weak or Absent	Up	Up	Flat	42.19%
Dec 12	B	Weak or Absent	Up	Up	Down	42.68%
Dec 9	B	Weak or Absent	Flat	Up	Down	44.24%
Dec 8	B	Weak or Absent	Flat	Up	Down	43.97%
Dec 7	C	Weak or Absent	Flat	Up	Down	44.12%
Dec 6	C	Weak or Absent	Flat	Up	Down	44.02%