Trend Table for MSSS - Monarch Select Subsector Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 19	D	Weak or Absent	N/A	N/A	Down	21.11%
Apr 18	D	Weak or Absent	N/A	N/A	Down	20.99%
Apr 17	D	Weak or Absent	N/A	N/A	Down	20.34%
Apr 16	D	Weak or Absent	N/A	N/A	Down	19.58%
Apr 15	D	Weak or Absent	N/A	N/A	Down	19.28%
Apr 11	F	Weak or Absent	N/A	N/A	Down	15.04%
Apr 10	D	Weak or Absent	N/A	N/A	N/A	15.70%
Apr 9	D	Weak or Absent	N/A	N/A	N/A	13.51%
Apr 8	D	Weak or Absent	N/A	N/A	N/A	14.15%
Mar 27	D	Weak or Absent	N/A	N/A	N/A	12.21%