Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	F	Weak or Absent	Flat	Flat	Flat	5.53%
May 16	D	Weak or Absent	Flat	Flat	Flat	5.22%
May 15	C	Weak or Absent	Up	Flat	Up	4.72%
May 14	D	Weak or Absent	Flat	Flat	Flat	5.19%
May 13	F	Weak or Absent	Flat	Flat	Flat	5.46%
May 10	F	Weak or Absent	Flat	Down	Flat	5.71%
May 9	F	Weak or Absent	Flat	Flat	Flat	5.56%
May 8	F	Weak or Absent	Flat	Flat	Flat	5.46%
May 7	D	Weak or Absent	Flat	Flat	Up	5.33%
May 6	D	Weak or Absent	Flat	Flat	Up	5.33%