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
Aug 19	B	Weak or Absent	Up	Up	Up	-2.80%
Aug 16	C	Weak or Absent	Up	Up	Up	-1.68%
Aug 15	C	Weak or Absent	Up	Up	Up	-0.63%
Aug 14	C	Weak or Absent	Up	Up	Up	-0.05%
Aug 13	C	Weak or Absent	Up	Up	Up	0.08%
Aug 12	C	Weak or Absent	Up	Flat	Up	1.12%
Aug 9	C	Weak or Absent	Up	Flat	Up	1.37%
Aug 8	C	Strong	Up	Down	Flat	2.24%
Aug 7	C	Weak or Absent	Up	Down	Down	4.68%
Aug 6	C	Weak or Absent	Up	Down	Down	5.47%