Trend Table for ZFS - BMO Short Federal Bond Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 13	D	Weak or Absent	Down	Flat	Flat	4.28%
Jul 11	F	Weak or Absent	Down	Down	Flat	5.00%
Jul 10	F	Strong	Down	Down	Flat	4.76%
Jul 7	F	Strong	Down	Down	Flat	5.08%
Jul 6	F	Strong	Down	Down	Flat	5.00%
Jul 5	F	Strong	Down	Down	Flat	4.76%
Jul 4	F	Strong	Down	Down	Flat	4.68%
Jun 30	D	Strong	Down	Down	Flat	4.36%
Jun 29	F	Strong	Down	Down	Flat	4.60%
Jun 28	D	Strong	Down	Down	Flat	4.44%