Trend Table for QRI - Qualitas Real Estate Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	A	Weak or Absent	Up	Flat	Flat	4.39%
May 21	A	Weak or Absent	Up	Up	Flat	4.07%
May 20	B	Weak or Absent	Up	Flat	Flat	4.71%
May 17	B	Weak or Absent	Up	Flat	Down	4.71%
May 16	C	Strong	Up	Down	Down	5.36%
May 15	B	Strong	Up	Down	Down	5.36%
May 14	B	Strong	Up	Flat	Down	5.04%
May 13	A	Strong	Up	Up	Flat	3.75%
May 10	A	Strong	Up	Up	Down	4.07%
May 9	A	Strong	Up	Up	Down	4.07%