Trend Table for FLQS - Franklin LibertyQ U.S. Small Cap Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 13	B	Weak or Absent	Up	Up	Up	14.95%
May 10	C	Weak or Absent	Up	Up	Up	15.12%
May 9	C	Weak or Absent	Up	Up	Up	14.61%
May 8	C	Weak or Absent	Up	Up	Up	15.79%
May 7	C	Weak or Absent	Up	Up	Up	15.41%
May 6	C	Weak or Absent	Up	Up	Up	15.70%
May 3	B	Weak or Absent	Up	Flat	Up	17.12%
May 2	C	Weak or Absent	Up	Down	Flat	18.19%
May 1	C	Weak or Absent	Up	Down	Down	19.95%
Apr 30	C	Weak or Absent	Up	Down	Down	19.85%