Trend Table for FIAX - Nicholas Fixed Income Alternative ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 9	B	Weak or Absent	Up	Up	Flat	4.83%
Jan 8	B	Weak or Absent	Up	Up	Flat	5.04%
Jan 5	B	Weak or Absent	Up	Up	Flat	5.31%
Jan 4	B	Weak or Absent	Up	Up	Flat	5.23%
Jan 3	A	Weak or Absent	Up	Up	Flat	4.96%
Jan 2	B	Weak or Absent	Up	Up	Flat	5.23%
Dec 29	C	Weak or Absent	Up	Up	Flat	5.03%
Dec 28	B	Weak or Absent	Up	Up	Flat	4.78%
Dec 27	D	Weak or Absent	Up	Up	Flat	4.96%
Dec 26	D	Weak or Absent	Up	Up	Flat	5.09%