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
Oct 11	B	Weak or Absent	N/A	Up	Flat	2.06%
Oct 10	B	Weak or Absent	N/A	Up	Down	3.01%
Oct 9	B	Weak or Absent	N/A	Up	Flat	2.39%
Oct 8	B	Weak or Absent	N/A	Up	Down	2.74%
Oct 7	B	Strong	N/A	Up	Down	3.44%
Oct 4	B	Strong	N/A	Up	Flat	1.93%
Oct 3	B	Strong	N/A	Up	Down	2.23%
Oct 2	A	Strong	N/A	Up	Flat	1.43%
Oct 1	A	Strong	N/A	Up	Up	1.05%
Sep 30	A	Strong	N/A	Up	Up	0.96%