Trend Table for JOET - Virtus Terranova U.S. Quality Momentum ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 31	A	Strong	Up	Up	Flat	17.31%
Jan 30	A	Strong	Up	Up	Up	15.44%
Jan 29	A	Strong	Up	Up	Up	15.55%
Jan 26	A	Weak or Absent	Up	Up	Up	16.44%
Jan 25	A	Weak or Absent	Up	Up	Up	16.50%
Jan 24	A	Weak or Absent	Up	Up	Up	17.44%
Jan 23	A	Weak or Absent	Up	Up	Up	17.46%
Jan 22	A	Weak or Absent	Up	Up	Up	17.67%
Jan 19	A	Weak or Absent	Up	Up	Up	18.55%
Jan 18	A	Weak or Absent	Up	Up	Up	19.83%