Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 13	A	Weak or Absent	Up	Up	Flat	-0.21%
Sep 12	A	Weak or Absent	Up	Up	Flat	-0.06%
Sep 11	A	Weak or Absent	Up	Up	Flat	-0.12%
Sep 10	A	Weak or Absent	Up	Up	Flat	0.12%
Sep 9	A	Weak or Absent	Up	Up	Flat	0.12%
Sep 6	A	Weak or Absent	Up	Up	Flat	0.31%
Sep 5	A	Weak or Absent	Up	Up	Flat	0.15%
Sep 4	A	Weak or Absent	Up	Up	Flat	0.31%
Aug 30	A	Weak or Absent	Up	Up	Flat	0.21%
Aug 29	A	Weak or Absent	Up	Up	Flat	0.15%