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
Sep 18	C	Weak or Absent	Up	Flat	Up	0.74%
Sep 17	C	Weak or Absent	Up	Flat	Up	0.71%
Sep 16	C	Weak or Absent	Up	Up	Up	0.25%
Sep 13	C	Weak or Absent	Up	Flat	Up	0.49%
Sep 12	D	Weak or Absent	Up	Flat	Flat	1.12%
Sep 11	D	Weak or Absent	Up	Down	Down	2.13%
Sep 10	C	Weak or Absent	Up	Down	Down	2.71%
Sep 9	C	Weak or Absent	Up	Down	Down	2.36%
Sep 6	C	Weak or Absent	Up	Down	Down	3.47%
Sep 5	C	Weak or Absent	Up	Down	Down	1.50%