Trend Table for GCAD - Gabelli Equity Income ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Strong	Up	Up	Up	12.34%
May 17	A	Weak or Absent	Up	Up	Up	13.06%
May 16	A	Weak or Absent	Up	Up	Up	13.04%
May 15	A	Weak or Absent	Up	Up	Up	13.64%
May 14	A	Weak or Absent	Up	Up	Up	14.16%
May 13	A	Weak or Absent	Up	Up	Up	14.58%
May 10	A	Weak or Absent	Up	Up	Up	13.92%
May 9	A	Weak or Absent	Up	Up	Up	13.87%
May 8	A	Weak or Absent	Up	Up	Up	14.65%
May 7	A	Weak or Absent	Up	Up	Up	14.59%