Trend Table for ZEM - BMO MSCI Emerging Markets Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 18	F	Strong	Down	Down	Down	24.70%
Jan 17	F	Strong	Down	Down	Down	25.59%
Jan 16	F	Weak or Absent	Down	Down	Down	23.77%
Jan 15	F	Weak or Absent	Down	Down	Flat	22.45%
Jan 12	F	Weak or Absent	Down	Down	Flat	21.93%
Jan 11	F	Weak or Absent	Down	Down	Down	22.39%
Jan 10	F	Weak or Absent	Down	Down	Down	23.30%
Jan 9	F	Weak or Absent	Down	Down	Down	22.91%
Jan 8	F	Weak or Absent	Down	Down	Flat	21.55%
Jan 5	F	Weak or Absent	Down	Down	Down	21.55%