Trend Table for MSSS - Monarch Select Subsector Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 15	D	Weak or Absent	N/A	N/A	Down	21.94%
Apr 11	F	Weak or Absent	N/A	N/A	Down	17.61%
Apr 10	D	Weak or Absent	N/A	N/A	N/A	18.28%
Apr 9	D	Weak or Absent	N/A	N/A	N/A	16.04%
Apr 8	D	Weak or Absent	N/A	N/A	N/A	16.69%
Mar 27	D	Weak or Absent	N/A	N/A	N/A	14.71%
Mar 13	D	Weak or Absent	N/A	N/A	N/A	16.55%
Mar 12	D	Weak or Absent	N/A	N/A	N/A	16.27%
Mar 11	D	Weak or Absent	N/A	N/A	N/A	16.81%
Mar 8	D	Weak or Absent	N/A	N/A	N/A	16.58%