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
Jul 10	C	Strong	Up	Flat	Down	13.16%
Jul 7	C	Strong	Up	Down	Down	13.50%
Jul 6	C	Strong	Up	Down	Down	13.36%
Jul 5	C	Strong	Up	Up	Flat	11.93%
Jul 3	B	Strong	Up	Up	Flat	11.43%
Jun 30	B	Strong	Up	Up	Flat	11.59%
Jun 29	B	Strong	Up	Up	Down	12.24%
Jun 28	A	Strong	Up	Up	Flat	11.49%
Jun 27	A	Strong	Up	Up	Flat	11.50%
Jun 26	A	Strong	Up	Up	Flat	11.54%