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 5	D	Weak or Absent	Down	Down	Down	13.33%
Sep 1	C	Weak or Absent	Flat	Down	Flat	12.33%
Aug 31	C	Weak or Absent	Flat	Flat	Up	12.00%
Aug 30	C	Weak or Absent	Up	Flat	Up	11.88%
Aug 29	B	Weak or Absent	Up	Flat	Up	11.70%
Aug 28	C	Weak or Absent	Flat	Down	Up	12.65%
Aug 25	C	Weak or Absent	Flat	Down	Flat	12.91%
Aug 24	C	Weak or Absent	Flat	Down	Flat	12.97%
Aug 23	B	Weak or Absent	Flat	Down	Up	12.45%
Aug 22	D	Weak or Absent	Down	Down	Down	14.11%