Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 3	F	Weak or Absent	Flat	Down	Flat	5.78%
May 2	F	Weak or Absent	Flat	Down	Flat	5.90%
May 1	F	Weak or Absent	Down	Down	Flat	6.24%
Apr 30	F	Weak or Absent	Down	Down	Flat	6.27%
Apr 29	F	Weak or Absent	Flat	Down	Flat	6.00%
Apr 26	F	Weak or Absent	Down	Down	Flat	6.10%
Apr 25	F	Weak or Absent	Down	Down	Flat	6.72%
Apr 24	F	Weak or Absent	Down	Down	Flat	6.69%
Apr 23	F	Weak or Absent	Down	Down	Flat	6.38%
Apr 22	F	Weak or Absent	Flat	Down	Flat	6.03%