Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 17	C	Weak or Absent	Flat	Flat	Flat	5.20%
Jun 14	C	Weak or Absent	Flat	Flat	Flat	5.30%
Jun 13	C	Weak or Absent	Flat	Flat	Flat	5.09%
Jun 12	C	Weak or Absent	Flat	Flat	Flat	4.96%
Jun 11	D	Weak or Absent	Flat	Flat	Flat	5.33%
Jun 10	C	Weak or Absent	Flat	Flat	Flat	5.06%
Jun 7	C	Weak or Absent	Flat	Flat	Flat	4.96%
Jun 6	B	Weak or Absent	Up	Up	Flat	4.56%
Jun 5	C	Weak or Absent	Flat	Up	Flat	4.73%
Jun 4	C	Weak or Absent	Flat	Flat	Flat	5.03%