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 17	D	Strong	Down	Down	Flat	17.44%
Oct 16	C	Strong	Down	Down	Flat	16.97%
Oct 13	C	Strong	Down	Down	Flat	16.67%
Oct 12	C	Strong	Down	Down	Flat	16.93%
Oct 11	C	Strong	Down	Down	Up	15.97%
Oct 10	D	Strong	Down	Down	Flat	16.75%
Oct 9	C	Strong	Down	Down	Flat	17.07%
Oct 6	C	Weak or Absent	Down	Down	Down	17.53%
Oct 5	C	Weak or Absent	Down	Down	Down	17.30%
Oct 4	C	Weak or Absent	Down	Down	Down	17.38%