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
Sep 27	A	Strong	N/A	Up	Flat	1.28%
Sep 26	B	Strong	N/A	Up	Flat	1.84%
Sep 25	A	Strong	N/A	Up	Flat	2.07%
Sep 24	B	Strong	N/A	Up	Up	1.63%
Sep 23	A	Strong	N/A	Up	Up	1.04%
Sep 20	A	Strong	N/A	Up	Up	1.94%
Sep 19	A	Strong	N/A	Up	Up	1.57%
Sep 18	A	Strong	N/A	Up	Up	2.23%
Sep 17	A	Strong	N/A	Up	Up	2.06%
Sep 16	A	Strong	N/A	Up	Up	1.90%