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
Jul 25	C	Weak or Absent	Up	Down	Down	1.03%
Jul 24	C	Weak or Absent	Up	Flat	Down	0.76%
Jul 23	C	Weak or Absent	Up	Up	Flat	-1.38%
Jul 22	B	Weak or Absent	Up	Up	Flat	-1.83%
Jul 19	C	Weak or Absent	Up	Up	Down	-0.53%
Jul 18	C	Weak or Absent	Up	Up	Flat	-1.41%
Jul 17	B	Weak or Absent	Up	Up	Up	-1.96%
Jul 16	A	Weak or Absent	Up	Up	Up	-3.73%
Jul 15	B	Weak or Absent	Up	Up	Up	-2.61%
Jul 12	B	Weak or Absent	Up	Up	Up	-1.99%