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
Apr 25	B	Weak or Absent	Up	Down	Flat	6.52%
Apr 24	C	Weak or Absent	Up	Down	Flat	6.77%
Apr 23	D	Strong	Up	Down	Down	6.77%
Apr 22	C	Strong	Up	Down	Down	7.56%
Apr 19	C	Strong	Up	Down	Down	8.32%
Apr 18	B	Strong	Up	Down	Down	7.56%
Apr 17	B	Strong	Up	Down	Down	7.48%
Apr 16	B	Strong	Up	Down	Down	7.38%
Apr 15	B	Strong	Up	Down	Down	5.96%
Apr 12	A	Strong	Up	Flat	Down	4.82%