Trend Table for IPAV - Global X Funds Global X Infrastructure Development ex-U.S. ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 18	D	Weak or Absent	N/A	N/A	N/A	0.00%
Sep 17	D	Weak or Absent	N/A	N/A	N/A	-0.12%
Sep 10	D	Weak or Absent	N/A	N/A	N/A	2.06%
Sep 4	D	Weak or Absent	N/A	N/A	N/A	1.06%
Aug 30	D	Weak or Absent	N/A	N/A	N/A	-0.13%
Aug 29	D	Weak or Absent	N/A	N/A	N/A	-0.13%
Aug 28	D	Weak or Absent	N/A	N/A	N/A	-0.20%