Trend Table for DFNL - Davis Select Financial ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 15	B	Weak or Absent	Up	Up	Up	16.60%
Aug 14	B	Weak or Absent	Up	Up	Up	17.42%
Aug 13	B	Weak or Absent	Up	Up	Flat	18.77%
Aug 12	B	Weak or Absent	Up	Flat	Down	19.87%
Aug 9	B	Weak or Absent	Up	Up	Down	19.47%
Aug 8	B	Weak or Absent	Up	Flat	Down	19.89%
Aug 7	B	Weak or Absent	Up	Down	Down	21.82%
Aug 6	B	Weak or Absent	Up	Flat	Down	19.78%
Aug 5	B	Weak or Absent	Up	Down	Down	22.47%
Aug 2	B	Weak or Absent	Up	Flat	Down	19.71%