Trend Table for HBB - Horizons Cdn Select Universe Bond ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 26	B	Weak or Absent	Up	Up	Flat	-1.64%
Sep 25	B	Weak or Absent	Up	Up	Down	-1.56%
Sep 24	B	Strong	Up	Up	Flat	-2.06%
Sep 23	B	Strong	Up	Up	Flat	-2.10%
Sep 20	B	Strong	Up	Up	Flat	-2.14%
Sep 19	B	Strong	Up	Up	Flat	-2.08%
Sep 18	B	Strong	Up	Up	Flat	-1.90%
Sep 17	A	Strong	Up	Up	Flat	-2.30%
Sep 16	A	Strong	Up	Up	Up	-2.55%
Sep 13	A	Strong	Up	Up	Up	-2.20%