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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 17	C	Weak or Absent	Up	Down	Down	13.99%
Aug 16	C	Weak or Absent	Up	Down	Down	13.87%
Aug 15	C	Weak or Absent	Up	Down	Down	13.26%
Aug 14	C	Weak or Absent	Up	Down	Down	12.26%
Aug 11	D	Weak or Absent	Up	Down	Down	11.62%
Aug 10	C	Weak or Absent	Up	Down	Down	10.88%
Aug 9	C	Weak or Absent	Up	Down	Down	11.00%
Aug 8	C	Weak or Absent	Up	Down	Down	11.19%
Aug 7	B	Weak or Absent	Up	Flat	Down	10.11%
Aug 4	B	Weak or Absent	Up	Flat	Down	10.34%