Trend Table for SPYU - Bank Of Montreal MAX S&P 500 4X Leveraged ETNs due October 30, 2043

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 9	C	Weak or Absent	N/A	Up	Up	22.74%
May 8	C	Weak or Absent	N/A	Flat	Up	25.32%
May 7	C	Weak or Absent	N/A	Flat	Up	25.18%
May 6	D	Weak or Absent	N/A	Flat	Up	25.60%
May 3	D	Strong	N/A	Down	Up	30.63%
May 2	D	Strong	N/A	Down	Flat	37.07%
May 1	F	Strong	N/A	Down	Down	41.99%
Apr 30	D	Strong	N/A	Down	Down	39.68%
Apr 29	D	Strong	N/A	Down	Up	30.90%
Apr 26	D	Strong	N/A	Down	Up	32.48%