Trend Table for NFLT - Virtus Newfleet Multi-Sector Unconstrained Bond ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	B	Strong	Up	Up	Flat	0.00%
May 16	B	Strong	Up	Up	Flat	-0.09%
May 15	A	Strong	Up	Up	Flat	0.01%
May 14	A	Strong	Up	Up	Flat	0.19%
May 13	A	Weak or Absent	Up	Up	Flat	0.35%
May 10	A	Weak or Absent	Up	Flat	Flat	0.59%
May 9	A	Weak or Absent	Up	Up	Up	0.31%
May 8	A	Weak or Absent	Up	Flat	Flat	0.68%
May 7	A	Weak or Absent	Up	Up	Up	0.32%
May 6	A	Weak or Absent	Up	Flat	Up	0.49%