Trend Table for RAYJ - Rayliant SMDAM Japan Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 15	A	Weak or Absent	N/A	Up	Up	5.11%
Jul 12	A	Weak or Absent	N/A	Up	Up	5.39%
Jul 11	B	Weak or Absent	N/A	Up	Up	5.88%
Jul 10	B	Weak or Absent	N/A	N/A	Up	5.59%
Jul 9	B	Weak or Absent	N/A	N/A	Up	7.01%
Jul 8	C	Weak or Absent	N/A	N/A	Up	7.86%
Jul 5	C	Weak or Absent	N/A	N/A	Up	7.99%
Jul 3	C	Weak or Absent	N/A	N/A	Up	8.07%
Jul 2	C	Weak or Absent	N/A	N/A	Up	8.89%
Jul 1	D	Weak or Absent	N/A	N/A	Flat	10.44%