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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 3	C	Weak or Absent	Up	Flat	Down	1.62%
May 31	C	Weak or Absent	Up	Down	Down	2.88%
May 30	C	Weak or Absent	Up	Down	Down	2.21%
May 29	C	Weak or Absent	Up	Flat	Down	1.78%
May 28	A	Weak or Absent	Up	Up	Flat	0.03%
May 24	A	Weak or Absent	Up	Up	Flat	-0.03%
May 23	A	Weak or Absent	Up	Up	Down	0.61%
May 22	A	Weak or Absent	Up	Up	Flat	-0.13%
May 21	B	Weak or Absent	Up	Up	Flat	-0.10%
May 20	B	Weak or Absent	Up	Up	Up	-0.44%