Trend Table for MSSS - Monarch Select Subsector Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	B	Weak or Absent	N/A	N/A	Up	14.99%
May 3	B	Weak or Absent	N/A	N/A	Up	15.74%
May 2	B	Weak or Absent	N/A	N/A	Up	16.68%
May 1	B	Weak or Absent	N/A	N/A	Up	17.90%
Apr 30	B	Weak or Absent	N/A	N/A	Up	17.98%
Apr 29	C	Weak or Absent	N/A	N/A	Up	16.67%
Apr 26	B	Weak or Absent	N/A	N/A	Up	17.67%
Apr 25	B	Weak or Absent	N/A	N/A	Flat	18.65%
Apr 23	F	Weak or Absent	N/A	N/A	Flat	18.36%
Apr 22	D	Weak or Absent	N/A	N/A	Down	19.98%