Trend Table for QSB - Mackenzie CDN Short Term Bond Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 19	C	Strong	Up	Up	Flat	3.40%
Jan 18	C	Strong	Up	Up	Flat	3.44%
Jan 17	C	Strong	Up	Up	Down	3.42%
Jan 15	B	Strong	Up	Up	Flat	2.80%
Jan 12	B	Strong	Up	Up	Flat	2.71%
Jan 11	B	Strong	Up	Up	Flat	2.90%
Jan 5	C	Strong	Up	Up	Flat	3.19%
Jan 3	A	Strong	Up	Up	Flat	2.86%
Jan 2	A	Strong	Up	Up	Flat	2.86%
Dec 29	A	Strong	Up	Up	Flat	2.72%