Trend Table for FIAX - Nicholas Fixed Income Alternative ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 26	A	Strong	N/A	Up	Flat	5.99%
Jul 25	A	Strong	N/A	Up	Flat	5.96%
Jul 24	A	Weak or Absent	N/A	Up	Flat	5.86%
Jul 21	A	Weak or Absent	N/A	Up	Flat	6.04%
Jul 20	A	Weak or Absent	N/A	Up	Flat	6.04%
Jul 19	B	Weak or Absent	N/A	Up	Flat	6.04%
Jul 18	B	Weak or Absent	N/A	Up	Flat	6.10%
Jul 17	A	Weak or Absent	N/A	Up	Flat	6.04%
Jul 14	A	Weak or Absent	N/A	Flat	Flat	6.13%
Jul 13	B	Weak or Absent	N/A	Up	Flat	6.11%