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 4	A	Weak or Absent	Up	Up	Flat	-0.30%
Oct 3	A	Weak or Absent	Up	Up	Flat	0.12%
Oct 2	A	Weak or Absent	Up	Up	Flat	-0.36%
Oct 1	B	Weak or Absent	Up	Up	Flat	-0.15%
Sep 30	B	Weak or Absent	Up	Up	Flat	-0.15%
Sep 27	B	Weak or Absent	Up	Up	Flat	-0.30%
Sep 26	A	Weak or Absent	Up	Up	Flat	-0.39%
Sep 25	B	Weak or Absent	Up	Up	Flat	-0.18%
Sep 24	B	Weak or Absent	Up	Up	Flat	-0.33%
Sep 23	B	Weak or Absent	Up	Up	Flat	-0.18%