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 25	D	Strong	Up	Down	Down	-0.50%
Oct 24	D	Strong	Up	Down	Down	-0.60%
Oct 23	D	Strong	Up	Down	Down	-0.11%
Oct 22	D	Weak or Absent	Up	Down	Down	-0.67%
Oct 21	D	Weak or Absent	Up	Down	Down	-0.96%
Oct 18	D	Weak or Absent	Up	Flat	Flat	-1.89%
Oct 17	D	Weak or Absent	Up	Flat	Flat	-1.82%
Oct 16	B	Weak or Absent	Up	Flat	Flat	-2.27%
Oct 15	B	Weak or Absent	Up	Flat	Flat	-2.12%
Oct 14	D	Weak or Absent	Up	Flat	Down	-1.77%