Trend Table for NFLT - Virtus Newfleet Multi-Sector Unconstrained Bond ETF

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 23	A	Weak or Absent	Up	Flat	Flat	11.45%
Aug 22	B	Weak or Absent	Flat	Down	Flat	12.23%
Aug 21	B	Weak or Absent	Flat	Down	Down	12.31%
Aug 18	B	Weak or Absent	Up	Flat	Flat	12.01%
Aug 17	A	Weak or Absent	Up	Down	Down	12.09%
Aug 16	A	Weak or Absent	Up	Down	Down	12.09%
Aug 15	A	Weak or Absent	Up	Flat	Flat	11.79%
Aug 14	B	Weak or Absent	Up	Flat	Flat	11.63%
Aug 11	A	Weak or Absent	Up	Flat	Flat	11.26%
Aug 10	A	Weak or Absent	Up	Up	Flat	10.98%