Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 11	D	Weak or Absent	Flat	Flat	Flat	5.46%
Jun 10	C	Weak or Absent	Flat	Flat	Flat	5.19%
Jun 7	C	Weak or Absent	Flat	Flat	Flat	5.09%
Jun 6	B	Weak or Absent	Up	Up	Flat	4.69%
Jun 5	C	Weak or Absent	Flat	Up	Flat	4.85%
Jun 4	C	Weak or Absent	Flat	Flat	Flat	5.16%
Jun 3	C	Weak or Absent	Flat	Up	Flat	4.92%
May 31	C	Weak or Absent	Flat	Flat	Flat	5.26%
May 30	C	Weak or Absent	Flat	Flat	Flat	4.99%
May 29	D	Weak or Absent	Flat	Flat	Flat	5.49%