Trend Table for VBND - Vident Core U.S. Bond Strategy Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 11	B	Weak or Absent	Down	Up	Up	5.93%
Jan 10	B	Weak or Absent	Down	Up	Up	6.38%
Jan 9	B	Weak or Absent	Down	Up	Up	6.11%
Jan 6	B	Weak or Absent	Down	Up	Up	6.34%
Jan 5	B	Weak or Absent	Down	Up	Flat	7.39%
Jan 4	B	Strong	Down	Up	Up	7.36%
Jan 3	C	Strong	Down	Up	Flat	8.01%
Dec 30	C	Strong	Down	Flat	Down	8.85%
Dec 29	C	Strong	Down	Up	Down	8.19%
Dec 28	C	Strong	Down	Flat	Down	8.67%