Trend Table for JOET - Virtus Terranova U.S. Quality Momentum ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 13	A	Weak or Absent	Up	Up	Flat	44.69%
Dec 12	B	Weak or Absent	Up	Up	Flat	45.00%
Dec 9	B	Weak or Absent	Up	Up	Down	47.26%
Dec 8	B	Weak or Absent	Up	Up	Down	45.63%
Dec 7	B	Weak or Absent	Up	Up	Down	46.73%
Dec 6	B	Weak or Absent	Up	Up	Down	46.84%
Dec 5	B	Weak or Absent	Up	Up	Down	44.80%
Dec 2	B	Weak or Absent	Up	Up	Up	42.16%
Dec 1	B	Weak or Absent	Up	Up	Up	42.31%
Nov 30	B	Weak or Absent	Up	Up	Up	42.11%