Trend Table for ARB - AltShares Merger Arbitrage ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 21	A	Weak or Absent	Up	Flat	Flat	3.01%
Oct 20	A	Weak or Absent	Up	Flat	Flat	3.08%
Oct 19	A	Strong	Up	Flat	Flat	3.22%
Oct 18	A	Weak or Absent	Up	Flat	Flat	3.07%
Oct 17	A	Weak or Absent	Up	Flat	Flat	3.26%
Oct 14	A	Strong	Up	Flat	Flat	3.38%
Oct 13	A	Strong	Up	Flat	Flat	3.30%
Oct 12	A	Strong	Up	Flat	Flat	3.61%
Oct 11	A	Strong	Up	Flat	Flat	3.88%
Oct 10	A	Strong	Up	Flat	Flat	3.74%