Trend Table for JETD - Bank Of Montreal MAX Airlines -3X Inverse Leveraged ETNs

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 31	F	Weak or Absent	Down	Down	Down	-42.12%
Jul 30	F	Weak or Absent	Down	Down	Down	-42.33%
Jul 29	D	Weak or Absent	Down	Up	Up	-44.29%
Jul 26	F	Weak or Absent	Down	Flat	Flat	-42.77%
Jul 25	D	Weak or Absent	Down	Up	Up	-43.89%
Jul 24	D	Weak or Absent	Down	Up	Up	-47.22%
Jul 23	D	Weak or Absent	Down	Up	Up	-43.59%
Jul 22	D	Weak or Absent	Down	Flat	Down	-42.52%
Jul 19	D	Weak or Absent	Down	Up	Flat	-42.85%
Jul 18	D	Weak or Absent	Down	Up	Down	-42.75%