Trend Table for SITU - Scotia US Equity Index Tracker ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 24	A	Strong	N/A	Up	Up	15.70%
May 23	A	Strong	N/A	Up	Up	15.91%
May 22	A	Strong	N/A	Up	Up	15.59%
May 21	A	Strong	N/A	Up	Up	15.42%
May 17	A	Strong	N/A	Up	Up	16.12%
May 16	A	Strong	N/A	Up	Up	16.12%
May 15	A	Strong	N/A	Up	Up	16.05%
May 14	A	Strong	N/A	Up	Up	17.16%
May 13	A	Weak or Absent	N/A	Up	Up	17.56%
May 10	A	Weak or Absent	N/A	Up	Up	17.52%