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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 6	B	Weak or Absent	Up	Up	Down	12.82%
Jul 5	A	Weak or Absent	Up	Up	Flat	10.73%
Jul 3	A	Weak or Absent	Up	Up	Up	10.05%
Jun 30	C	Weak or Absent	Up	Up	Flat	10.92%
Jun 29	B	Weak or Absent	Up	Up	Down	11.82%
Jun 28	B	Strong	Up	Up	Down	11.74%
Jun 27	B	Strong	Up	Up	Down	11.16%
Jun 26	B	Strong	Up	Up	Down	11.59%
Jun 23	B	Strong	Up	Up	Down	11.74%
Jun 22	B	Strong	Up	Up	Down	10.65%