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 10	A	Strong	N/A	Up	Up	-3.07%
Jul 9	A	Strong	N/A	Up	Up	0.57%
Jul 8	A	Strong	N/A	Up	Up	0.86%
Jul 5	A	Strong	N/A	Up	Up	1.24%
Jul 3	A	Strong	N/A	Up	Up	3.39%
Jul 2	A	Strong	N/A	Up	Up	4.93%
Jul 1	B	Strong	N/A	Up	Flat	7.72%
Jun 28	B	Strong	N/A	Up	Down	8.61%
Jun 27	B	Weak or Absent	N/A	Up	Up	6.57%
Jun 26	B	Weak or Absent	N/A	Up	Up	7.14%