Trend Table for GCAD - Gabelli Equity Income ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 15	B	Weak or Absent	Up	Up	Up	8.07%
Aug 14	B	Weak or Absent	Up	Up	Up	9.66%
Aug 13	B	Weak or Absent	Up	Up	Up	10.14%
Aug 12	B	Strong	Up	Flat	Down	11.52%
Aug 9	B	Strong	Up	Up	Down	10.85%
Aug 8	B	Strong	Up	Up	Down	11.35%
Aug 7	B	Strong	Up	Down	Down	13.78%
Aug 6	B	Strong	Up	Down	Down	13.25%
Aug 5	B	Strong	Up	Down	Down	14.02%
Aug 2	B	Strong	Up	Up	Down	11.38%