Trend Table for MSSS - Monarch Select Subsector Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 22	A	Weak or Absent	N/A	Up	Up	7.46%
Jul 19	A	Weak or Absent	N/A	Up	Up	8.54%
Jul 18	A	Weak or Absent	N/A	Up	Up	6.56%
Jul 16	A	Weak or Absent	N/A	Up	Up	6.96%
Jul 15	B	Weak or Absent	N/A	Up	Up	9.70%
Jul 12	B	Weak or Absent	N/A	Up	Up	9.45%
Jul 11	A	Weak or Absent	N/A	Up	Up	10.30%
Jul 10	A	Weak or Absent	N/A	Up	Up	12.99%
Jul 9	B	Weak or Absent	N/A	Flat	Flat	14.12%
Jul 8	A	Weak or Absent	N/A	Up	Up	13.67%