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 16	F	Weak or Absent	Down	Down	Down	6.65%
Apr 15	F	Weak or Absent	Down	Down	Down	6.86%
Apr 12	F	Weak or Absent	Down	Down	Down	6.48%
Apr 11	D	Weak or Absent	Flat	Flat	Flat	5.32%
Apr 10	D	Weak or Absent	Flat	Flat	Down	5.45%
Apr 9	C	Weak or Absent	Up	Flat	Flat	4.95%
Apr 8	D	Weak or Absent	Flat	Flat	Flat	5.31%
Apr 5	D	Weak or Absent	Flat	Flat	Down	5.35%
Apr 4	D	Weak or Absent	Up	Flat	Flat	5.19%
Apr 3	B	Weak or Absent	Up	Up	Flat	4.35%