Trend Table for XCEM - EGShares EM Core ex-China ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 2	C	Weak or Absent	Up	Up	Down	-1.31%
Oct 1	C	Weak or Absent	Up	Up	Down	-1.37%
Sep 30	C	Weak or Absent	Up	Up	Down	-1.70%
Sep 27	B	Weak or Absent	Up	Up	Up	-3.59%
Sep 26	A	Weak or Absent	Up	Up	Up	-4.96%
Sep 25	A	Weak or Absent	Up	Up	Up	-3.03%
Sep 24	A	Weak or Absent	Up	Up	Up	-4.02%
Sep 23	B	Weak or Absent	Up	Up	Up	-2.12%
Sep 20	B	Weak or Absent	Up	Up	Up	-1.67%
Sep 19	B	Weak or Absent	Up	Up	Up	-2.21%