Trend Table for FIAX - Nicholas Fixed Income Alternative ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 1	B	Strong	Up	Up	Flat	5.10%
Nov 30	A	Strong	Up	Up	Flat	5.26%
Nov 29	A	Weak or Absent	Up	Up	Flat	5.31%
Nov 28	A	Weak or Absent	Up	Up	Flat	5.20%
Nov 27	A	Weak or Absent	Up	Up	Flat	5.36%
Nov 24	A	Strong	Up	Up	Flat	5.31%
Nov 22	A	Strong	Up	Up	Flat	5.36%
Nov 21	A	Strong	Up	Up	Flat	5.47%
Nov 20	A	Strong	Up	Up	Flat	5.51%
Nov 17	A	Strong	Up	Up	Up	5.47%