Trend Table for HAD - Horizons Active Cdn Bond ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	D	Weak or Absent	Down	Down	Flat	0.81%
May 9	D	Weak or Absent	Flat	Down	Flat	0.23%
May 7	D	Weak or Absent	Down	Down	Flat	0.46%
May 3	D	Weak or Absent	Down	Down	Flat	0.81%
Apr 23	F	Weak or Absent	Down	Down	Down	0.92%
Apr 22	D	Weak or Absent	Down	Down	Down	1.04%
Apr 17	F	Weak or Absent	Down	Down	Down	1.51%
Apr 15	F	Weak or Absent	Down	Down	Down	1.39%
Apr 11	F	Weak or Absent	Down	Down	Down	0.57%
Apr 8	B	Weak or Absent	Flat	Flat	Flat	-0.91%