Trend Table for FLQL - Franklin LibertyQ U.S. Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 14	A	Weak or Absent	Up	Up	Up	13.31%
May 13	B	Weak or Absent	Up	Up	Up	13.92%
May 10	B	Weak or Absent	Up	Up	Up	13.79%
May 9	B	Weak or Absent	Up	Up	Up	14.16%
May 8	C	Weak or Absent	Up	Up	Up	14.77%
May 7	C	Weak or Absent	Up	Up	Up	14.71%
May 6	C	Weak or Absent	Up	Flat	Up	14.97%
May 3	C	Weak or Absent	Up	Down	Up	16.22%
May 2	C	Weak or Absent	Up	Down	Flat	17.86%
May 1	C	Weak or Absent	Up	Down	Down	19.05%