Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 2	D	Weak or Absent	Flat	Down	Down	6.07%
Feb 1	D	Weak or Absent	Flat	Flat	Down	5.93%
Jan 31	D	Weak or Absent	Flat	Flat	Flat	5.59%
Jan 30	C	Weak or Absent	Up	Up	Flat	5.07%
Jan 29	B	Weak or Absent	Up	Up	Flat	4.95%
Jan 26	B	Weak or Absent	Up	Up	Flat	4.92%
Jan 25	B	Weak or Absent	Up	Up	Flat	4.85%
Jan 24	C	Weak or Absent	Up	Flat	Flat	5.29%
Jan 23	C	Weak or Absent	Up	Up	Flat	5.22%
Jan 22	C	Weak or Absent	Up	Up	Down	5.29%