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
Jul 24	D	Strong	N/A	Down	Down	14.17%
Jul 23	C	Strong	N/A	Up	Down	3.74%
Jul 22	C	Strong	N/A	Up	Down	3.06%
Jul 19	C	Strong	N/A	Up	Down	7.24%
Jul 18	C	Strong	N/A	Up	Down	4.00%
Jul 17	C	Strong	N/A	Up	Down	0.79%
Jul 16	A	Strong	N/A	Up	Up	-4.92%
Jul 15	B	Strong	N/A	Up	Up	-2.84%
Jul 12	B	Strong	N/A	Up	Up	-1.78%
Jul 11	B	Strong	N/A	Up	Up	0.51%