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
Jul 24	D	Strong	N/A	Down	Down	12.17%
Jul 23	C	Strong	N/A	Up	Down	1.93%
Jul 22	C	Strong	N/A	Up	Down	1.26%
Jul 19	C	Strong	N/A	Up	Down	5.37%
Jul 18	C	Strong	N/A	Up	Down	2.18%
Jul 17	C	Strong	N/A	Up	Down	-0.97%
Jul 16	A	Strong	N/A	Up	Up	-6.58%
Jul 15	B	Strong	N/A	Up	Up	-4.54%
Jul 12	B	Strong	N/A	Up	Up	-3.50%
Jul 11	B	Strong	N/A	Up	Up	-1.25%