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
Jan 31	D	Strong	N/A	N/A	Down	51.74%
Jan 30	B	Strong	N/A	N/A	Up	41.42%
Jan 29	B	Strong	N/A	N/A	Up	41.02%
Jan 26	B	Strong	N/A	N/A	Up	45.08%
Jan 25	B	Strong	N/A	N/A	Up	44.62%
Jan 24	C	Strong	N/A	N/A	Up	47.16%
Jan 23	B	Weak or Absent	N/A	N/A	Up	47.73%
Jan 22	B	Weak or Absent	N/A	N/A	Up	49.24%
Jan 19	A	Weak or Absent	N/A	N/A	Up	50.53%
Jan 18	C	Weak or Absent	N/A	N/A	Up	57.71%