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 13	A	Strong	N/A	Up	Up	2.53%
Sep 12	A	Strong	N/A	Up	Up	3.83%
Sep 11	A	Strong	N/A	Up	Flat	4.76%
Sep 10	A	Strong	N/A	Up	Flat	4.58%
Sep 9	A	Strong	N/A	Up	Flat	4.87%
Sep 6	B	Strong	N/A	Up	Down	5.48%
Sep 5	A	Strong	N/A	Up	Flat	4.84%
Sep 4	A	Strong	N/A	Up	Up	4.17%
Aug 30	A	Strong	N/A	Up	Up	3.33%
Aug 29	A	Strong	N/A	Up	Up	4.15%