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 5	C	Weak or Absent	Flat	Down	Down	6.52%
Aug 2	C	Weak or Absent	Up	Down	Down	2.39%
Aug 1	B	Weak or Absent	Up	Up	Flat	0.50%
Jul 31	B	Weak or Absent	Up	Up	Up	-1.35%
Jul 30	C	Weak or Absent	Up	Flat	Down	0.83%
Jul 29	C	Weak or Absent	Up	Flat	Down	0.69%
Jul 26	C	Weak or Absent	Up	Up	Down	0.38%
Jul 25	C	Weak or Absent	Up	Flat	Down	1.39%
Jul 24	C	Weak or Absent	Up	Flat	Down	1.29%
Jul 23	C	Weak or Absent	Up	Up	Down	0.04%