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
Mar 27	B	Strong	Up	Up	Flat	3.67%
Mar 26	A	Strong	Up	Up	Flat	3.91%
Mar 25	A	Strong	Up	Up	Flat	3.57%
Mar 22	B	Strong	Up	Up	Flat	3.74%
Mar 21	B	Strong	Up	Up	Up	3.37%
Mar 20	B	Strong	Up	Up	Flat	3.71%
Mar 19	B	Weak or Absent	Up	Up	Down	4.89%
Mar 18	B	Strong	Up	Up	Flat	4.62%
Mar 15	A	Strong	Up	Up	Flat	4.58%
Mar 14	A	Weak or Absent	Up	Up	Up	3.81%