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
Jun 15	B	Weak or Absent	Up	Up	Up	37.32%
Jun 14	B	Weak or Absent	Up	Up	Up	39.62%
Jun 13	C	Weak or Absent	Up	Up	Up	37.93%
Jun 12	C	Weak or Absent	Up	Up	Up	39.45%
Jun 9	C	Weak or Absent	Up	Up	Up	38.87%
Jun 8	C	Weak or Absent	Up	Up	Up	38.50%
Jun 7	B	Weak or Absent	Up	Up	Up	37.48%
Jun 6	C	Weak or Absent	Flat	Up	Up	41.26%
Jun 5	D	Weak or Absent	Down	Down	Up	44.90%
Jun 2	D	Weak or Absent	Down	Down	Up	43.52%