Trend Table for VLU - SPDR S&P 1500 Value Tilt ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Weak or Absent	Up	Up	Up	12.55%
May 17	B	Weak or Absent	Up	Up	Up	12.16%
May 16	A	Weak or Absent	Up	Up	Up	12.32%
May 15	B	Weak or Absent	Up	Up	Up	12.35%
May 14	B	Weak or Absent	Up	Up	Up	13.02%
May 13	B	Weak or Absent	Up	Up	Up	13.54%
May 10	B	Weak or Absent	Up	Up	Up	13.51%
May 9	B	Weak or Absent	Up	Up	Up	13.70%
May 8	C	Weak or Absent	Up	Up	Up	14.56%
May 7	C	Weak or Absent	Up	Up	Up	14.60%