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
Sep 29	F	Weak or Absent	Down	Down	Down	8.10%
Sep 20	F	Weak or Absent	Down	Down	Down	6.95%
Sep 13	F	Weak or Absent	Down	Down	Flat	5.82%
Sep 5	F	Weak or Absent	Down	Down	Flat	5.70%
Aug 29	F	Weak or Absent	Down	Down	Flat	4.48%
Aug 28	F	Weak or Absent	Down	Down	Flat	5.21%
Aug 25	F	Weak or Absent	Down	Down	Down	5.82%
Aug 23	F	Weak or Absent	Down	Down	Down	6.57%
Aug 17	F	Weak or Absent	Down	Down	Down	6.07%
Aug 2	F	Weak or Absent	Down	Down	Down	5.82%