Trend Table for STAX - Macquarie Tax-Free USA Short Term ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 14	C	Weak or Absent	N/A	Flat	Flat	1.75%
May 9	C	Weak or Absent	N/A	Flat	Flat	1.75%
May 8	C	Weak or Absent	N/A	Flat	Flat	1.75%
May 6	D	Weak or Absent	N/A	Flat	Flat	1.91%
May 3	D	Weak or Absent	N/A	Flat	Flat	1.91%
May 2	D	Weak or Absent	N/A	Flat	Flat	2.07%
Apr 25	D	Weak or Absent	N/A	Flat	Flat	2.22%
Apr 23	D	Weak or Absent	N/A	Flat	Flat	2.14%
Apr 19	D	Weak or Absent	N/A	Flat	Flat	2.10%
Apr 18	D	Weak or Absent	N/A	Flat	Flat	2.14%