Trend Table for TBG - TBG Dividend Focus ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 30	D	Weak or Absent	N/A	Down	Flat	14.50%
Apr 29	B	Weak or Absent	N/A	Flat	Up	13.16%
Apr 26	B	Weak or Absent	N/A	Flat	Up	13.54%
Apr 25	B	Weak or Absent	N/A	Flat	Up	13.54%
Apr 24	B	Strong	N/A	Up	Up	12.73%
Apr 23	B	Strong	N/A	Up	Up	13.15%
Apr 22	B	Strong	N/A	Flat	Flat	13.75%
Apr 19	B	Strong	N/A	Flat	Down	14.59%
Apr 18	B	Strong	N/A	Down	Down	15.39%
Apr 17	C	Strong	N/A	Down	Down	15.24%