Trend Table for PUTD - CBOE Validus S&P 500 Dynamic PutWrite Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 16	A	Strong	N/A	Flat	Down	7.77%
Apr 15	A	Strong	N/A	Flat	Down	7.72%
Apr 12	A	Strong	N/A	Up	Down	6.73%
Apr 11	A	Strong	N/A	Up	Flat	5.81%
Apr 10	A	Strong	N/A	Up	Flat	6.43%
Apr 9	A	Strong	N/A	Up	Flat	5.99%
Apr 5	A	Strong	N/A	Up	Flat	6.12%
Apr 3	A	Strong	N/A	Up	Flat	6.06%
Apr 2	A	Strong	N/A	Up	Flat	6.14%
Apr 1	A	Strong	N/A	Up	Up	5.88%