Trend Table for SPAQ - Horizon Kinetics SPAC Active ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 3	A	Strong	Up	Up	Flat	1.64%
May 30	A	Strong	Up	Flat	Flat	1.70%
May 28	A	Strong	Up	Flat	Flat	1.74%
May 24	A	Strong	Up	Up	Flat	1.70%
May 23	A	Strong	Up	Up	Flat	1.72%
May 22	A	Strong	Up	Up	Flat	1.69%
May 21	B	Strong	Up	Up	Flat	1.71%
May 20	B	Strong	Up	Up	Flat	1.70%
May 17	B	Strong	Up	Up	Flat	1.74%
May 16	B	Strong	Up	Up	Flat	1.59%