Trend Table for TBG - TBG Dividend Focus ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 13	A	Weak or Absent	N/A	Up	Up	10.71%
May 10	A	Weak or Absent	N/A	Up	Up	10.08%
May 9	A	Weak or Absent	N/A	Up	Up	10.57%
May 8	B	Weak or Absent	N/A	Up	Up	11.72%
May 7	B	Weak or Absent	N/A	Up	Up	12.03%
May 6	C	Weak or Absent	N/A	Flat	Flat	12.93%
May 3	F	Weak or Absent	N/A	Flat	Flat	13.63%
May 2	D	Weak or Absent	N/A	Flat	Flat	13.49%
May 1	D	Weak or Absent	N/A	Down	Down	14.27%
Apr 30	D	Weak or Absent	N/A	Down	Flat	14.00%