Trend Table for MSSS - Monarch Select Subsector Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 16	A	Weak or Absent	N/A	Up	Up	5.82%
Aug 15	A	Weak or Absent	N/A	Up	Up	6.04%
Aug 14	A	Weak or Absent	N/A	Up	Up	7.01%
Aug 13	A	Weak or Absent	N/A	Up	Flat	7.56%
Aug 12	B	Weak or Absent	N/A	Up	Down	8.24%
Aug 9	B	Weak or Absent	N/A	Up	Flat	8.01%
Aug 8	B	Weak or Absent	N/A	Up	Down	8.81%
Aug 7	A	Weak or Absent	N/A	Up	Down	8.24%
Aug 6	A	Strong	N/A	Up	Down	9.02%
Aug 5	A	Strong	N/A	Up	Down	9.98%