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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 30	B	Weak or Absent	Up	Flat	Flat	43.22%
May 26	B	Weak or Absent	Up	Flat	Up	43.04%
May 25	D	Weak or Absent	Flat	Down	Flat	44.73%
May 24	D	Weak or Absent	Down	Down	Down	45.74%
May 23	D	Weak or Absent	Flat	Flat	Flat	44.39%
May 22	B	Weak or Absent	Up	Up	Up	42.79%
May 19	B	Weak or Absent	Up	Up	Up	42.65%
May 18	B	Weak or Absent	Up	Up	Up	42.49%
May 17	C	Weak or Absent	Flat	Flat	Flat	44.17%
May 16	D	Weak or Absent	Down	Down	Down	45.68%