Trend Table for XEM - iShares MSCI Emerging Markets Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 7	A	Weak or Absent	Up	Up	Up	0.00%
May 6	A	Weak or Absent	Up	Up	Up	-0.09%
May 3	A	Weak or Absent	Up	Up	Up	-0.16%
May 2	A	Weak or Absent	Up	Up	Up	0.69%
Apr 30	A	Weak or Absent	Up	Up	Up	2.66%
Apr 29	A	Weak or Absent	Up	Up	Up	2.17%
Apr 26	A	Weak or Absent	Up	Up	Up	3.12%
Apr 25	A	Weak or Absent	Up	Up	Up	4.44%
Apr 24	A	Weak or Absent	Up	Up	Up	4.27%
Apr 23	B	Weak or Absent	Up	Flat	Flat	4.91%