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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 25	D	Weak or Absent	Up	Down	Down	-2.66%
Oct 24	D	Weak or Absent	Up	Down	Down	-2.70%
Oct 23	D	Weak or Absent	Up	Down	Down	-2.36%
Oct 22	C	Weak or Absent	Up	Flat	Flat	-3.21%
Oct 21	B	Weak or Absent	Up	Flat	Flat	-3.53%
Oct 18	C	Weak or Absent	Up	Up	Up	-3.89%
Oct 17	B	Weak or Absent	Up	Up	Up	-3.92%
Oct 16	D	Weak or Absent	Up	Up	Up	-3.62%
Oct 15	D	Weak or Absent	Up	Flat	Flat	-2.61%
Oct 14	B	Weak or Absent	Up	Up	Up	-3.68%