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
Aug 1	B	Weak or Absent	Up	Up	Flat	4.99%
Jul 31	A	Weak or Absent	Up	Up	Up	2.75%
Jul 30	A	Weak or Absent	Up	Up	Up	2.90%
Jul 29	A	Weak or Absent	Up	Up	Up	3.82%
Jul 26	A	Weak or Absent	Up	Up	Up	3.95%
Jul 25	A	Weak or Absent	Up	Up	Flat	5.65%
Jul 24	C	Weak or Absent	Up	Flat	Down	6.99%
Jul 23	C	Weak or Absent	Up	Up	Flat	6.26%
Jul 22	A	Weak or Absent	Up	Up	Up	5.29%
Jul 19	C	Weak or Absent	Up	Up	Up	6.32%