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
Aug 19	C	Weak or Absent	N/A	Up	Up	2.10%
Aug 16	C	Weak or Absent	N/A	Up	Up	2.52%
Aug 15	C	Weak or Absent	N/A	Up	Up	2.63%
Aug 14	D	Weak or Absent	N/A	Flat	Up	3.70%
Aug 13	D	Weak or Absent	N/A	Down	Up	4.40%
Aug 12	F	Strong	N/A	Down	Flat	5.61%
Aug 9	F	Strong	N/A	Down	Flat	5.46%
Aug 8	F	Strong	N/A	Down	Down	6.15%
Aug 7	F	Strong	N/A	Down	Down	8.09%
Aug 6	F	Strong	N/A	Down	Down	7.61%