Trend Table for MVFG - Monarch Volume Factor Global Unconstrained Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	B	Strong	N/A	N/A	Flat	4.80%
May 21	B	Strong	N/A	N/A	Up	4.28%
May 20	B	Weak or Absent	N/A	N/A	Up	4.40%
May 17	B	Weak or Absent	N/A	N/A	Up	4.54%
May 16	B	Weak or Absent	N/A	N/A	Up	4.60%
May 15	B	Weak or Absent	N/A	N/A	Up	4.40%
May 14	B	Weak or Absent	N/A	N/A	Up	5.43%
May 13	C	Weak or Absent	N/A	N/A	Up	5.89%
May 10	C	Weak or Absent	N/A	N/A	Up	5.81%
May 9	C	Weak or Absent	N/A	N/A	Up	6.10%