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
Jan 4	D	Weak or Absent	Down	Down	Flat	46.31%
Jan 3	D	Weak or Absent	Down	Down	Down	47.27%
Dec 30	D	Weak or Absent	Down	Down	Flat	46.33%
Dec 29	C	Weak or Absent	Down	Down	Flat	45.52%
Dec 28	C	Weak or Absent	Down	Down	Down	47.49%
Dec 27	D	Weak or Absent	Down	Down	Down	45.84%
Dec 23	C	Weak or Absent	Down	Down	Down	45.52%
Dec 22	C	Weak or Absent	Down	Down	Down	46.66%
Dec 21	C	Weak or Absent	Flat	Flat	Down	45.02%
Dec 20	C	Weak or Absent	Down	Down	Down	47.04%