Trend Table for GSEU - Goldman Sachs ActiveBeta Europe Equity ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 16	A	Strong	Up	Up	Down	25.08%
Dec 15	B	Strong	Up	Up	Down	23.53%
Dec 14	A	Strong	Up	Up	Up	20.40%
Dec 13	A	Strong	Up	Up	Up	20.59%
Dec 12	A	Strong	Up	Up	Flat	22.42%
Dec 9	A	Strong	Up	Up	Flat	22.69%
Dec 8	A	Strong	Up	Up	Flat	22.83%
Dec 7	A	Strong	Up	Up	Flat	22.93%
Dec 5	A	Strong	Up	Up	Up	22.24%
Dec 2	B	Strong	Up	Up	Up	20.83%