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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 24	A	Strong	N/A	Up	Up	14.25%
Jan 23	A	Strong	N/A	Up	Up	14.42%
Jan 22	A	Strong	N/A	Up	Up	14.58%
Jan 19	A	Strong	N/A	Up	Up	14.85%
Jan 17	A	Strong	N/A	Up	Flat	15.83%
Jan 16	A	Strong	N/A	Up	Flat	15.61%
Jan 12	A	Strong	N/A	Up	Up	15.39%
Jan 11	A	Strong	N/A	Up	Flat	15.59%
Jan 9	A	Strong	N/A	Up	Flat	15.83%
Jan 8	A	Strong	N/A	Up	Flat	15.83%