Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 4	B	Weak or Absent	Up	Flat	Flat	4.58%
Mar 1	B	Weak or Absent	Up	Flat	Flat	4.75%
Feb 29	B	Weak or Absent	Up	Flat	Flat	5.05%
Feb 28	B	Weak or Absent	Up	Flat	Flat	4.98%
Feb 27	D	Weak or Absent	Up	Flat	Flat	5.08%
Feb 26	D	Weak or Absent	Up	Flat	Flat	5.08%
Feb 23	D	Weak or Absent	Up	Flat	Flat	5.15%
Feb 22	B	Weak or Absent	Up	Flat	Flat	5.02%
Feb 21	C	Weak or Absent	Up	Flat	Flat	5.08%
Feb 20	D	Weak or Absent	Up	Flat	Flat	5.29%