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
Jan 16	C	Strong	N/A	N/A	Up	62.67%
Jan 12	C	Strong	N/A	N/A	Up	60.25%
Jan 11	C	Strong	N/A	N/A	Up	60.53%
Jan 10	B	Weak or Absent	N/A	N/A	Up	59.59%
Jan 9	C	Weak or Absent	N/A	N/A	Flat	63.02%
Jan 8	D	Weak or Absent	N/A	N/A	Up	61.99%
Jan 5	F	Weak or Absent	N/A	N/A	Down	71.03%
Jan 4	F	Weak or Absent	N/A	N/A	Down	71.66%
Jan 3	F	Weak or Absent	N/A	N/A	Down	69.52%
Jan 2	F	Weak or Absent	N/A	N/A	Down	63.94%