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 21	B	Strong	Up	Up	Flat	4.63%
May 20	B	Strong	Up	Up	Flat	4.77%
May 17	B	Strong	Up	Up	Flat	4.84%
May 16	B	Strong	Up	Up	Flat	4.75%
May 15	A	Strong	Up	Up	Flat	4.86%
May 14	A	Strong	Up	Up	Flat	5.04%
May 13	A	Weak or Absent	Up	Up	Flat	5.21%
May 10	A	Weak or Absent	Up	Flat	Flat	5.47%
May 9	A	Weak or Absent	Up	Up	Up	5.17%
May 8	A	Weak or Absent	Up	Flat	Flat	5.55%