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
May 30	C	Weak or Absent	Up	Flat	Flat	12.43%
May 26	D	Weak or Absent	Flat	Down	Flat	13.07%
May 25	C	Weak or Absent	Flat	Down	Flat	12.97%
May 24	D	Weak or Absent	Flat	Flat	Flat	12.79%
May 23	C	Weak or Absent	Flat	Flat	Flat	12.79%
May 22	C	Weak or Absent	Flat	Flat	Down	12.84%
May 19	C	Weak or Absent	Flat	Flat	Down	12.82%
May 18	C	Weak or Absent	Up	Flat	Down	12.72%
May 17	B	Weak or Absent	Up	Flat	Flat	12.41%
May 16	A	Weak or Absent	Up	Flat	Flat	12.21%