Trend Table for QVAL - ValueShares U.S. Quantitative Value ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 18	A	Weak or Absent	Up	Up	Flat	23.72%
Sep 15	A	Weak or Absent	Up	Up	Flat	23.69%
Sep 14	A	Weak or Absent	Up	Up	Up	21.74%
Sep 13	A	Weak or Absent	Up	Up	Flat	24.05%
Sep 12	A	Weak or Absent	Up	Up	Up	23.45%
Sep 11	A	Weak or Absent	Up	Up	Flat	24.39%
Sep 8	A	Weak or Absent	Up	Up	Up	23.79%
Sep 7	A	Weak or Absent	Up	Up	Up	24.65%
Sep 6	A	Weak or Absent	Up	Up	Up	24.65%
Sep 5	A	Weak or Absent	Up	Up	Up	24.78%