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
Nov 30	C	Weak or Absent	Down	Up	Up	3.98%
Nov 28	D	Weak or Absent	Down	Up	Up	4.60%
Nov 23	D	Weak or Absent	Down	Flat	Up	4.84%
Nov 21	D	Weak or Absent	Down	Flat	Up	5.08%
Nov 20	D	Weak or Absent	Down	Flat	Up	4.96%
Nov 15	F	Weak or Absent	Down	Down	Up	6.07%
Nov 14	F	Weak or Absent	Down	Down	Up	5.57%
Nov 13	D	Weak or Absent	Down	Down	Up	7.08%
Nov 9	D	Weak or Absent	Down	Down	Up	6.20%
Nov 6	F	Weak or Absent	Down	Down	Up	6.57%