Trend Table for TLTD - FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 15	A	Strong	Up	Up	Up	14.55%
Dec 14	A	Strong	Up	Up	Up	13.54%
Dec 13	A	Strong	Up	Up	Up	14.88%
Dec 12	B	Strong	Up	Up	Flat	16.85%
Dec 11	B	Strong	Up	Up	Up	16.67%
Dec 8	B	Strong	Up	Up	Up	16.74%
Dec 7	B	Strong	Up	Up	Up	16.82%
Dec 6	B	Strong	Up	Up	Flat	17.58%
Dec 5	C	Strong	Up	Up	Flat	17.91%
Dec 4	B	Strong	Up	Up	Flat	17.40%