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
Sep 20	A	Strong	Up	Up	Up	-1.00%
Sep 19	B	Strong	Up	Up	Up	-0.97%
Sep 18	A	Strong	Up	Up	Up	-0.67%
Sep 17	A	Strong	Up	Up	Up	-1.14%
Sep 16	A	Strong	Up	Up	Up	-1.02%
Sep 13	A	Strong	Up	Up	Up	-0.51%
Sep 12	A	Weak or Absent	Up	Up	Up	-0.10%
Sep 11	A	Weak or Absent	Up	Up	Up	0.07%
Sep 10	A	Weak or Absent	Up	Up	Flat	0.29%
Sep 9	A	Weak or Absent	Up	Up	Flat	0.60%