Trend Table for FLUD - Franklin Liberty Ultra Short Bond ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 29	A	Strong	Up	Flat	Flat	2.28%
May 28	A	Strong	Up	Flat	Flat	2.37%
May 24	A	Strong	Up	Flat	Flat	2.59%
May 23	A	Strong	Up	Flat	Flat	2.43%
May 22	A	Strong	Up	Flat	Flat	2.61%
May 20	B	Strong	Up	Flat	Flat	2.43%
May 17	B	Strong	Up	Flat	Flat	2.61%
May 15	B	Strong	Up	Flat	Flat	2.67%
May 13	A	Strong	Up	Flat	Flat	2.69%
May 10	A	Strong	Up	Flat	Flat	2.67%