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 11	D	Weak or Absent	Up	Flat	Up	-0.91%
Jul 10	D	Weak or Absent	Up	Down	Flat	0.98%
Jul 9	D	Weak or Absent	Up	Down	Down	1.68%
Jul 8	D	Weak or Absent	Up	Down	Down	1.13%
Jul 5	D	Weak or Absent	Up	Down	Down	1.39%
Jul 3	D	Weak or Absent	Up	Down	Flat	-0.20%
Jul 2	D	Weak or Absent	Up	Down	Down	0.20%
Jul 1	D	Weak or Absent	Up	Down	Down	0.32%
Jun 28	D	Weak or Absent	Up	Down	Down	0.17%
Jun 27	D	Weak or Absent	Up	Down	Down	0.20%