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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 17	C	Strong	Up	Up	Down	-4.01%
Jul 16	B	Strong	Up	Up	Up	-5.74%
Jul 15	B	Strong	Up	Up	Up	-5.05%
Jul 12	A	Strong	Up	Up	Up	-5.65%
Jul 11	A	Strong	Up	Up	Up	-5.42%
Jul 10	A	Strong	Up	Up	Up	-5.37%
Jul 9	A	Weak or Absent	Up	Up	Up	-4.52%
Jul 8	A	Weak or Absent	Up	Up	Up	-4.46%
Jul 5	A	Weak or Absent	Up	Up	Up	-4.15%
Jul 3	A	Weak or Absent	Up	Up	Up	-3.17%