Trend Table for CXF - First Asset Canadian Convertible Bond ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 16	C	Weak or Absent	Up	Up	Flat	0.21%
May 15	B	Weak or Absent	Up	Up	Flat	-0.31%
May 14	B	Weak or Absent	Up	Up	Flat	-0.10%
May 10	B	Weak or Absent	Up	Up	Up	-0.41%
May 9	C	Weak or Absent	Up	Up	Up	-0.21%
May 8	C	Weak or Absent	Up	Up	Up	-0.31%
May 7	D	Weak or Absent	Up	Down	Flat	0.94%
May 6	C	Weak or Absent	Up	Flat	Up	0.10%
May 3	C	Weak or Absent	Up	Down	Flat	0.83%
May 2	C	Weak or Absent	Up	Flat	Up	0.31%