Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 30	F	Weak or Absent	Down	Down	Flat	6.44%
Apr 29	F	Weak or Absent	Flat	Down	Flat	6.17%
Apr 26	F	Weak or Absent	Down	Down	Flat	6.27%
Apr 25	F	Weak or Absent	Down	Down	Flat	6.89%
Apr 24	F	Weak or Absent	Down	Down	Flat	6.86%
Apr 23	F	Weak or Absent	Down	Down	Flat	6.55%
Apr 22	F	Weak or Absent	Flat	Down	Flat	6.20%
Apr 19	F	Weak or Absent	Down	Down	Down	6.72%
Apr 18	F	Weak or Absent	Down	Down	Down	6.62%
Apr 17	F	Weak or Absent	Down	Down	Down	6.96%