Trend Table for NOVZ - TrueShares Structured Outcome (November) ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 22	B	Strong	Up	Up	Up	18.51%
Jan 19	B	Strong	Up	Up	Up	18.75%
Jan 18	B	Strong	Up	Up	Flat	19.92%
Jan 17	C	Strong	Up	Up	Flat	20.70%
Jan 16	B	Strong	Up	Up	Flat	20.25%
Jan 12	B	Strong	Up	Up	Up	19.85%
Jan 11	B	Strong	Up	Up	Up	19.96%
Jan 10	B	Strong	Up	Up	Up	19.92%
Jan 9	C	Strong	Up	Up	Flat	20.52%
Jan 8	C	Strong	Up	Up	Flat	20.36%