Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 25	B	Weak or Absent	Up	Flat	Flat	0.06%
Oct 24	A	Weak or Absent	Up	Flat	Flat	-0.18%
Oct 23	A	Weak or Absent	Up	Flat	Flat	-0.18%
Oct 22	A	Weak or Absent	Up	Flat	Flat	-0.27%
Oct 21	A	Weak or Absent	Up	Flat	Flat	-0.15%
Oct 18	A	Weak or Absent	Up	Flat	Flat	-0.36%
Oct 17	A	Weak or Absent	Up	Up	Flat	-0.39%
Oct 16	A	Weak or Absent	Up	Up	Flat	-0.39%
Oct 15	A	Weak or Absent	Up	Up	Flat	-0.36%
Oct 14	A	Weak or Absent	Up	Up	Flat	-0.24%