Trend Table for DFNL - Davis Select Financial ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 1	B	Weak or Absent	Up	Up	Down	17.11%
Jul 31	A	Weak or Absent	Up	Up	Up	13.85%
Jul 30	A	Weak or Absent	Up	Up	Up	13.34%
Jul 29	A	Weak or Absent	Up	Up	Flat	14.94%
Jul 26	A	Weak or Absent	Up	Up	Up	14.47%
Jul 25	A	Weak or Absent	Up	Up	Flat	15.82%
Jul 24	A	Weak or Absent	Up	Up	Flat	16.29%
Jul 23	A	Weak or Absent	Up	Up	Up	15.43%
Jul 22	A	Weak or Absent	Up	Up	Up	15.86%
Jul 19	A	Weak or Absent	Up	Up	Up	16.32%