Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 2	B	Weak or Absent	Up	Up	Up	3.70%
Jul 1	A	Weak or Absent	Up	Up	Up	3.85%
Jun 28	B	Weak or Absent	Up	Up	Up	3.80%
Jun 27	B	Weak or Absent	Up	Up	Up	4.39%
Jun 26	C	Weak or Absent	Flat	Flat	Flat	5.36%
Jun 25	D	Weak or Absent	Down	Flat	Down	5.84%
Jun 24	C	Weak or Absent	Flat	Flat	Flat	5.09%
Jun 21	C	Weak or Absent	Flat	Flat	Flat	5.20%
Jun 20	D	Weak or Absent	Flat	Flat	Flat	5.40%
Jun 18	D	Weak or Absent	Flat	Flat	Flat	5.40%