Trend Table for MNA - IQ Merger Arbitrage ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 31	A	Strong	Up	Up	Flat	1.83%
Jul 30	A	Strong	Up	Up	Flat	2.05%
Jul 29	A	Strong	Up	Up	Flat	2.15%
Jul 26	A	Strong	Up	Up	Flat	2.05%
Jul 25	A	Strong	Up	Up	Flat	2.05%
Jul 24	A	Strong	Up	Up	Flat	2.28%
Jul 23	A	Strong	Up	Up	Flat	2.31%
Jul 22	A	Strong	Up	Up	Up	2.09%
Jul 19	A	Strong	Up	Up	Flat	2.50%
Jul 18	A	Strong	Up	Up	Flat	2.60%