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
Jul 17	B	Weak or Absent	Up	Up	Up	33.30%
Jul 14	B	Weak or Absent	Up	Up	Flat	33.72%
Jul 13	B	Weak or Absent	Up	Up	Up	31.90%
Jul 12	B	Weak or Absent	Up	Up	Up	31.90%
Jul 11	A	Weak or Absent	Up	Up	Up	32.39%
Jul 10	A	Weak or Absent	Up	Up	Up	34.42%
Jul 7	A	Weak or Absent	Up	Up	Up	35.71%
Jul 6	B	Weak or Absent	Up	Up	Down	38.18%
Jul 5	B	Weak or Absent	Up	Up	Up	34.93%
Jul 3	B	Weak or Absent	Up	Up	Up	34.03%