Trend Table for VNQI - Vanguard Global ex-U.S. Real Estate ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 14	B	Weak or Absent	Up	Up	Flat	4.79%
May 13	A	Weak or Absent	Up	Up	Up	4.86%
May 10	A	Weak or Absent	Up	Up	Up	4.94%
May 9	A	Weak or Absent	Up	Up	Up	4.57%
May 8	A	Weak or Absent	Up	Up	Up	5.44%
May 7	A	Weak or Absent	Up	Up	Up	4.57%
May 6	A	Weak or Absent	Up	Up	Up	4.42%
May 3	A	Weak or Absent	Up	Up	Up	4.72%
May 2	A	Weak or Absent	Up	Up	Up	5.36%
May 1	B	Weak or Absent	Up	Flat	Up	8.52%