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
Jun 7	C	Weak or Absent	Up	Flat	Flat	4.52%
Jun 6	B	Weak or Absent	Up	Up	Up	3.31%
Jun 5	C	Weak or Absent	Up	Flat	Flat	4.18%
Jun 4	C	Weak or Absent	Up	Down	Down	6.10%
Jun 3	C	Weak or Absent	Up	Flat	Down	4.14%
May 31	C	Weak or Absent	Up	Down	Down	5.44%
May 30	C	Weak or Absent	Up	Down	Down	4.75%
May 29	C	Weak or Absent	Up	Flat	Down	4.31%
May 28	A	Weak or Absent	Up	Up	Flat	2.52%
May 24	A	Weak or Absent	Up	Up	Flat	2.45%