Trend Table for FLUD - Franklin Liberty Ultra Short Bond ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Strong	Up	Flat	Flat	1.14%
May 17	B	Strong	Up	Flat	Flat	1.32%
May 15	B	Strong	Up	Flat	Flat	1.38%
May 13	A	Strong	Up	Flat	Flat	1.39%
May 10	A	Strong	Up	Flat	Flat	1.38%
May 9	A	Strong	Up	Flat	Flat	1.36%
May 8	A	Strong	Up	Flat	Flat	1.36%
May 7	A	Strong	Up	Flat	Flat	1.40%
May 6	A	Strong	Up	Flat	Flat	1.45%
May 3	A	Strong	Up	Flat	Flat	1.50%