Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 8	A	Strong	Up	Up	Flat	1.77%
Aug 7	A	Strong	Up	Up	Flat	2.05%
Aug 6	A	Strong	Up	Up	Flat	1.96%
Aug 5	A	Strong	Up	Up	Flat	2.40%
Aug 2	A	Strong	Up	Up	Flat	2.08%
Aug 1	A	Strong	Up	Up	Flat	2.27%
Jul 31	A	Strong	Up	Up	Flat	1.96%
Jul 30	A	Strong	Up	Up	Flat	2.18%
Jul 29	A	Strong	Up	Up	Flat	2.27%
Jul 26	A	Strong	Up	Up	Flat	2.18%