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 21	A	Strong	Up	Up	Up	4.45%
Dec 20	A	Strong	Up	Up	Up	4.56%
Dec 19	A	Strong	Up	Up	Up	4.78%
Dec 18	A	Strong	Up	Up	Up	4.96%
Dec 15	A	Strong	Up	Up	Up	4.86%
Dec 14	A	Strong	Up	Up	Up	4.69%
Dec 13	A	Strong	Up	Up	Up	6.09%
Dec 12	A	Strong	Up	Up	Flat	7.56%
Dec 11	A	Strong	Up	Up	Flat	7.96%
Dec 8	A	Strong	Up	Up	Up	7.67%