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
Dec 28	A	Strong	Up	Up	Flat	6.17%
Dec 27	B	Strong	Up	Up	Flat	5.99%
Dec 26	A	Strong	Up	Up	Up	5.96%
Dec 22	A	Strong	Up	Up	Up	6.23%
Dec 21	A	Strong	Up	Up	Up	6.10%
Dec 20	A	Strong	Up	Up	Up	6.22%
Dec 19	A	Strong	Up	Up	Up	6.44%
Dec 18	A	Strong	Up	Up	Up	6.62%
Dec 15	A	Strong	Up	Up	Up	6.52%
Dec 14	A	Strong	Up	Up	Up	6.35%