Trend Table for HEGD - Swan Hedged Equity US Large Cap ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	A	Weak or Absent	Up	Up	Up	7.07%
May 14	B	Weak or Absent	Up	Up	Up	8.11%
May 13	B	Weak or Absent	Up	Up	Up	8.53%
May 10	B	Weak or Absent	Up	Up	Up	8.32%
May 9	B	Weak or Absent	Up	Up	Up	8.26%
May 8	B	Weak or Absent	Up	Flat	Up	8.90%
May 7	B	Weak or Absent	Up	Flat	Up	9.11%
May 6	A	Weak or Absent	Up	Flat	Up	8.79%
May 3	C	Weak or Absent	Up	Flat	Up	9.68%
May 2	C	Weak or Absent	Up	Down	Flat	10.59%