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
Dec 29	A	Very Strong	Up	Up	Up	22.97%
Dec 28	A	Very Strong	Up	Up	Up	22.59%
Dec 27	B	Very Strong	Up	Up	Up	22.81%
Dec 26	B	Very Strong	Up	Up	Up	22.81%
Dec 22	A	Very Strong	Up	Up	Up	23.56%
Dec 21	A	Very Strong	Up	Up	Up	24.02%
Dec 20	A	Very Strong	Up	Up	Up	25.50%
Dec 19	A	Very Strong	Up	Up	Up	23.38%
Dec 18	A	Strong	Up	Up	Up	24.45%
Dec 15	A	Strong	Up	Up	Up	24.56%