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
Jul 31	F	Weak or Absent	Down	Down	Down	4.23%
Jul 27	F	Weak or Absent	Down	Down	Down	4.23%
Jul 25	F	Weak or Absent	Down	Down	Down	4.35%
Jul 21	F	Weak or Absent	Down	Down	Flat	2.69%
Jul 20	F	Weak or Absent	Down	Down	Flat	3.64%
Jul 17	F	Weak or Absent	Down	Down	Flat	3.28%
Jul 14	F	Weak or Absent	Down	Down	Flat	2.93%
Jul 13	F	Weak or Absent	Down	Down	Flat	2.93%
Jul 10	F	Weak or Absent	Down	Down	Down	4.23%
Jul 5	F	Weak or Absent	Down	Down	Flat	3.04%