Trend Table for GSEW - Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 11	A	Strong	Up	Up	Flat	16.76%
Jan 10	A	Strong	Up	Up	Flat	16.55%
Jan 8	A	Strong	Up	Up	Flat	16.34%
Jan 4	B	Strong	Up	Up	Down	17.93%
Jan 3	B	Strong	Up	Up	Down	17.77%
Dec 29	A	Very Strong	Up	Up	Up	15.79%
Dec 28	A	Very Strong	Up	Up	Up	15.42%
Dec 27	B	Very Strong	Up	Up	Up	15.63%
Dec 26	B	Very Strong	Up	Up	Up	15.64%
Dec 22	A	Very Strong	Up	Up	Up	16.34%