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
Aug 9	A	Weak or Absent	Up	Up	Up	-0.55%
Aug 7	A	Weak or Absent	Up	Up	Up	-0.44%
Aug 6	A	Weak or Absent	Up	Up	Up	-0.99%
Aug 1	B	Weak or Absent	Up	Up	Up	-0.99%
Jul 29	B	Weak or Absent	Up	Up	Up	0.22%
Jul 24	B	Weak or Absent	Up	Up	Flat	1.13%
Jul 16	C	Weak or Absent	Up	Up	Flat	1.24%
Jul 11	B	Weak or Absent	Up	Up	Flat	0.90%
Jul 10	B	Weak or Absent	Up	Up	Flat	1.24%
Jul 8	B	Weak or Absent	Up	Up	Flat	1.24%