Trend Table for SITU - Scotia US Equity Index Tracker ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 15	A	Strong	N/A	Up	Up	29.48%
Jan 12	A	Strong	N/A	Up	Up	29.70%
Jan 11	A	Weak or Absent	N/A	Up	Up	29.92%
Jan 10	A	Weak or Absent	N/A	Up	Up	29.92%
Jan 9	A	Weak or Absent	N/A	Up	Up	30.51%
Jan 8	A	Weak or Absent	N/A	Up	Up	30.92%
Jan 5	A	Weak or Absent	N/A	Up	Down	32.58%
Jan 4	A	Weak or Absent	N/A	Up	Down	32.82%
Jan 3	A	Strong	N/A	Up	Down	32.49%
Jan 2	A	Strong	N/A	Up	Flat	31.88%