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
Oct 31	B	Strong	Down	Down	Flat	17.34%
Oct 30	B	Strong	Down	Down	Flat	17.37%
Oct 27	D	Strong	Down	Down	Flat	17.58%
Oct 26	D	Strong	Down	Down	Flat	17.68%
Oct 25	D	Strong	Down	Down	Flat	18.06%
Oct 24	B	Strong	Down	Down	Flat	17.20%
Oct 23	D	Strong	Down	Down	Flat	17.68%
Oct 20	B	Strong	Down	Down	Down	18.47%
Oct 19	C	Strong	Down	Down	Down	18.98%
Oct 18	C	Strong	Down	Down	Down	18.37%