Trend Table for ENCC - Horizons Canadian Oil and Gas Equity Covered Call ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 18	D	Strong	Down	Down	Flat	10.12%
Dec 15	F	Strong	Down	Down	Down	10.97%
Dec 14	D	Strong	Down	Down	Flat	8.98%
Dec 13	D	Strong	Down	Down	Down	9.60%
Dec 12	F	Strong	Down	Down	Down	12.04%
Dec 11	D	Strong	Down	Down	Down	9.71%
Dec 8	D	Strong	Down	Down	Down	8.98%
Dec 7	D	Strong	Down	Down	Down	10.12%
Dec 6	D	Weak or Absent	Down	Down	Down	9.50%
Dec 5	D	Weak or Absent	Flat	Down	Down	7.07%