Trend Table for SITI - Scotia International Equity Index Tracker ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 31	A	Weak or Absent	N/A	Up	Flat	10.94%
Jan 30	A	Weak or Absent	N/A	Up	Up	10.53%
Jan 29	A	Weak or Absent	N/A	Up	Up	10.53%
Jan 26	A	Weak or Absent	N/A	Up	Up	10.58%
Jan 25	A	Weak or Absent	N/A	Up	Up	10.85%
Jan 24	A	Weak or Absent	N/A	Up	Up	10.80%
Jan 23	A	Weak or Absent	N/A	Up	Flat	12.07%
Jan 22	A	Weak or Absent	N/A	Up	Flat	11.93%
Jan 19	A	Weak or Absent	N/A	Up	Down	12.62%
Jan 18	A	Strong	N/A	Up	Flat	12.39%