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 19	C	Weak or Absent	Up	Up	Down	4.25%
Jul 18	C	Weak or Absent	Up	Up	Flat	3.33%
Jul 17	B	Weak or Absent	Up	Up	Up	2.75%
Jul 16	A	Weak or Absent	Up	Up	Up	0.90%
Jul 15	B	Weak or Absent	Up	Up	Up	2.07%
Jul 12	B	Weak or Absent	Up	Up	Up	2.73%
Jul 11	A	Weak or Absent	Up	Up	Up	3.42%
Jul 10	A	Weak or Absent	Up	Up	Up	3.74%
Jul 9	A	Weak or Absent	Up	Up	Flat	4.50%
Jul 8	A	Weak or Absent	Up	Up	Up	4.28%