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 14	A	Strong	Up	Up	Up	24.00%
Dec 13	A	Strong	Up	Up	Up	25.50%
Dec 12	A	Strong	Up	Up	Up	28.00%
Dec 11	A	Strong	Up	Up	Up	28.28%
Dec 8	A	Strong	Up	Up	Up	29.48%
Dec 7	A	Strong	Up	Up	Up	29.92%
Dec 6	A	Strong	Up	Up	Up	30.58%
Dec 5	A	Strong	Up	Up	Up	30.51%
Dec 4	A	Strong	Up	Up	Up	29.46%
Nov 30	A	Strong	Up	Up	Up	31.22%