Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 18	A	Weak or Absent	Up	Flat	Flat	-0.27%
Oct 17	A	Weak or Absent	Up	Up	Flat	-0.30%
Oct 16	A	Weak or Absent	Up	Up	Flat	-0.30%
Oct 15	A	Weak or Absent	Up	Up	Flat	-0.27%
Oct 14	A	Weak or Absent	Up	Up	Flat	-0.15%
Oct 11	A	Weak or Absent	Up	Up	Flat	-0.18%
Oct 10	A	Weak or Absent	Up	Up	Flat	-0.15%
Oct 9	A	Weak or Absent	Up	Up	Flat	-0.12%
Oct 8	A	Weak or Absent	Up	Up	Flat	-0.12%
Oct 7	A	Weak or Absent	Up	Up	Flat	0.09%