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
Dec 19	C	Weak or Absent	Down	Down	Down	45.46%
Dec 16	A	Weak or Absent	Flat	Flat	Down	44.28%
Dec 15	B	Weak or Absent	Up	Up	Down	43.07%
Dec 14	B	Weak or Absent	Up	Up	Flat	39.79%
Dec 13	A	Weak or Absent	Up	Up	Flat	39.25%
Dec 12	B	Weak or Absent	Up	Up	Flat	39.54%
Dec 9	B	Weak or Absent	Up	Up	Down	41.72%
Dec 8	B	Weak or Absent	Up	Up	Down	40.14%
Dec 7	B	Weak or Absent	Up	Up	Down	41.21%
Dec 6	B	Weak or Absent	Up	Up	Down	41.31%