Trend Table for HGD - Horizons BetaPro S&P/TSX Global Gold Bear Plus ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 14	D	Strong	Down	Down	Down	-58.97%
Dec 13	F	Strong	Down	Down	Down	-58.55%
Dec 12	D	Strong	Down	Down	Down	-60.59%
Dec 9	D	Strong	Down	Down	Down	-60.72%
Dec 8	D	Strong	Down	Down	Down	-59.93%
Dec 7	D	Weak or Absent	Down	Down	Down	-59.60%
Dec 6	D	Weak or Absent	Down	Down	Down	-61.29%
Dec 5	D	Weak or Absent	Down	Down	Down	-61.17%
Dec 2	F	Weak or Absent	Down	Down	Down	-59.66%
Dec 1	F	Weak or Absent	Down	Down	Down	-59.39%