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
Dec 13	B	Weak or Absent	Down	Up	Up	-0.31%
Dec 12	B	Weak or Absent	Down	Up	Up	0.13%
Dec 9	B	Weak or Absent	Down	Up	Up	0.24%
Dec 8	B	Weak or Absent	Down	Up	Up	-0.31%
Dec 7	C	Weak or Absent	Down	Up	Up	-0.64%
Dec 2	C	Weak or Absent	Down	Up	Up	0.02%
Dec 1	C	Weak or Absent	Down	Up	Up	0.69%
Nov 30	D	Weak or Absent	Down	Flat	Up	2.28%
Nov 24	C	Weak or Absent	Down	Up	Up	1.25%