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
Aug 15	D	Weak or Absent	Flat	Down	Down	11.68%
Aug 14	C	Weak or Absent	Flat	Down	Down	10.76%
Aug 11	C	Weak or Absent	Up	Flat	Flat	10.12%
Aug 10	B	Weak or Absent	Up	Flat	Flat	9.70%
Aug 9	B	Weak or Absent	Up	Flat	Flat	9.43%
Aug 8	B	Weak or Absent	Up	Flat	Flat	9.59%
Aug 7	B	Weak or Absent	Up	Flat	Down	9.76%
Aug 4	B	Weak or Absent	Up	Up	Flat	9.42%
Aug 3	C	Weak or Absent	Up	Down	Down	10.84%
Aug 2	B	Weak or Absent	Up	Flat	Down	9.92%