Trend Table for SPD - Simplify US Equity PLUS Downside Convexity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	B	Weak or Absent	Up	Up	Up	6.95%
May 9	B	Weak or Absent	Up	Up	Up	7.09%
May 8	B	Weak or Absent	Up	Up	Up	7.64%
May 7	B	Weak or Absent	Up	Up	Up	7.60%
May 6	B	Weak or Absent	Up	Up	Up	8.03%
May 3	C	Strong	Up	Flat	Up	8.98%
May 2	C	Strong	Up	Down	Flat	10.45%
May 1	C	Strong	Up	Down	Flat	11.08%
Apr 30	C	Strong	Up	Down	Flat	10.71%
Apr 29	C	Strong	Up	Down	Up	9.26%