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
Dec 15	D	Weak or Absent	N/A	N/A	N/A	61.76%
Dec 14	D	Weak or Absent	N/A	N/A	N/A	60.79%
Dec 13	D	Weak or Absent	N/A	N/A	N/A	62.46%
Dec 12	C	Weak or Absent	N/A	N/A	N/A	71.24%
Dec 11	C	Weak or Absent	N/A	N/A	N/A	74.00%
Dec 8	D	Weak or Absent	N/A	N/A	N/A	76.65%
Dec 7	D	Weak or Absent	N/A	N/A	N/A	79.45%
Dec 6	D	Weak or Absent	N/A	N/A	N/A	84.49%
Dec 5	D	Weak or Absent	N/A	N/A	N/A	81.97%