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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 7	A	Weak or Absent	Up	Up	Up	1.15%
Mar 6	A	Weak or Absent	Up	Up	Up	2.20%
Mar 5	B	Weak or Absent	Up	Up	Flat	3.66%
Mar 4	A	Weak or Absent	Up	Up	Up	2.77%
Mar 1	A	Weak or Absent	Up	Up	Flat	3.08%
Feb 29	B	Weak or Absent	Up	Up	Down	4.17%
Feb 28	B	Weak or Absent	Up	Up	Down	4.41%
Feb 27	B	Weak or Absent	Up	Up	Flat	3.66%
Feb 26	A	Weak or Absent	Up	Up	Flat	3.66%
Feb 23	A	Weak or Absent	Up	Up	Up	3.25%