Trend Table for MSSS - Monarch Select Subsector Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 5	B	Weak or Absent	N/A	N/A	Up	13.51%
Jun 4	D	Weak or Absent	N/A	N/A	Flat	14.70%
Jun 3	C	Weak or Absent	N/A	N/A	Flat	14.31%
May 31	D	Weak or Absent	N/A	N/A	Flat	14.23%
May 30	D	Weak or Absent	N/A	N/A	Down	15.26%
May 29	D	Weak or Absent	N/A	N/A	Down	15.52%
May 28	D	Weak or Absent	N/A	N/A	Down	14.40%
May 24	D	Weak or Absent	N/A	N/A	Flat	14.01%
May 23	D	Weak or Absent	N/A	N/A	Down	14.75%
May 22	B	Weak or Absent	N/A	N/A	Up	12.86%