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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 10	C	Strong	Up	Up	Down	6.43%
Jan 9	B	Strong	Up	Up	Down	6.36%
Jan 8	A	Strong	Up	Up	Flat	4.63%
Jan 5	A	Strong	Up	Up	Flat	5.47%
Jan 4	B	Strong	Up	Up	Down	5.97%
Jan 3	B	Strong	Up	Up	Down	6.07%
Jan 2	A	Strong	Up	Up	Flat	4.80%
Dec 29	A	Strong	Up	Up	Up	3.87%
Dec 28	A	Strong	Up	Up	Up	3.73%
Dec 27	A	Strong	Up	Up	Up	4.04%