Trend Table for VXM - First Asset Morningstar International Value Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 9	A	Weak or Absent	Up	Up	Up	35.69%
Dec 29	A	Weak or Absent	Flat	Up	Up	38.12%
Dec 28	B	Weak or Absent	Flat	Up	Flat	39.36%
Dec 22	B	Weak or Absent	Down	Up	Down	40.80%
Dec 21	B	Weak or Absent	Down	Up	Down	40.16%
Dec 19	B	Weak or Absent	Down	Up	Down	40.11%
Dec 16	B	Weak or Absent	Flat	Up	Down	39.25%
Dec 12	A	Weak or Absent	Flat	Up	Flat	38.51%
Dec 9	B	Weak or Absent	Flat	Up	Down	39.30%
Dec 7	B	Weak or Absent	Flat	Up	Down	39.36%