Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 11	A	Weak or Absent	Up	Up	Flat	-0.27%
Oct 10	A	Weak or Absent	Up	Up	Flat	-0.24%
Oct 9	A	Weak or Absent	Up	Up	Flat	-0.21%
Oct 8	A	Weak or Absent	Up	Up	Flat	-0.21%
Oct 7	A	Weak or Absent	Up	Up	Flat	0.00%
Oct 4	A	Weak or Absent	Up	Up	Flat	-0.39%
Oct 3	A	Weak or Absent	Up	Up	Flat	0.03%
Oct 2	A	Weak or Absent	Up	Up	Flat	-0.46%
Oct 1	B	Weak or Absent	Up	Up	Flat	-0.24%
Sep 30	B	Weak or Absent	Up	Up	Flat	-0.24%