Trend Table for FIAX - Nicholas Fixed Income Alternative ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 9	B	Weak or Absent	N/A	Flat	Flat	6.10%
Aug 8	A	Weak or Absent	N/A	Flat	Flat	5.88%
Aug 7	B	Weak or Absent	N/A	Flat	Flat	5.99%
Aug 4	B	Weak or Absent	N/A	Flat	Flat	6.00%
Aug 3	B	Weak or Absent	N/A	Flat	Flat	6.12%
Aug 2	B	Strong	N/A	Flat	Flat	6.02%
Aug 1	A	Strong	N/A	Up	Flat	5.90%
Jul 31	B	Strong	N/A	Up	Flat	5.91%
Jul 28	C	Strong	N/A	Flat	Flat	6.08%
Jul 27	A	Strong	N/A	Up	Flat	5.91%