Trend Table for STAX - Macquarie Tax-Free USA Short Term ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 31	B	Strong	N/A	Up	Flat	0.00%
Jul 30	B	Strong	N/A	Up	Flat	0.08%
Jul 26	B	Strong	N/A	Up	Flat	0.20%
Jul 25	A	Strong	N/A	Up	Flat	0.23%
Jul 23	B	Strong	N/A	Up	Flat	0.23%
Jul 22	B	Strong	N/A	Up	Flat	0.26%
Jul 18	B	Weak or Absent	N/A	Up	Flat	0.28%
Jul 17	B	Weak or Absent	N/A	Up	Flat	0.28%
Jul 16	B	Weak or Absent	N/A	Up	Flat	0.32%
Jul 15	B	Weak or Absent	N/A	Up	Flat	0.39%