Trend Table for GEMD - Goldman Sachs Access Emerging Markets USD Bond ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	A	Weak or Absent	Up	Up	Up	5.52%
May 9	A	Weak or Absent	Up	Up	Up	5.33%
May 8	A	Weak or Absent	Up	Up	Up	5.62%
May 7	A	Weak or Absent	Up	Up	Up	5.29%
May 6	A	Weak or Absent	Up	Up	Up	5.38%
May 3	A	Weak or Absent	Up	Up	Up	5.67%
May 2	A	Weak or Absent	Up	Flat	Up	6.55%
May 1	B	Weak or Absent	Up	Flat	Flat	7.32%
Apr 30	C	Weak or Absent	Up	Flat	Flat	7.69%
Apr 29	A	Weak or Absent	Up	Flat	Up	6.87%