Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 28	A	Weak or Absent	Up	Up	Flat	0.37%
Aug 27	A	Weak or Absent	Up	Up	Flat	0.50%
Aug 26	A	Weak or Absent	Up	Up	Flat	0.60%
Aug 23	A	Weak or Absent	Up	Up	Flat	0.61%
Aug 22	A	Weak or Absent	Up	Up	Flat	0.74%
Aug 21	A	Weak or Absent	Up	Up	Up	0.43%
Aug 20	A	Weak or Absent	Up	Up	Up	0.64%
Aug 19	A	Weak or Absent	Up	Up	Up	0.68%
Aug 16	A	Weak or Absent	Up	Up	Up	0.80%
Aug 15	A	Weak or Absent	Up	Up	Up	0.86%