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 3	B	Strong	Up	Up	Flat	9.70%
Jun 30	B	Strong	Up	Up	Flat	9.86%
Jun 29	B	Strong	Up	Up	Down	10.50%
Jun 28	A	Strong	Up	Up	Flat	9.75%
Jun 27	A	Strong	Up	Up	Flat	9.77%
Jun 26	A	Strong	Up	Up	Flat	9.80%
Jun 23	A	Strong	Up	Up	Flat	9.91%
Jun 22	A	Strong	Up	Up	Flat	10.01%
Jun 21	A	Strong	Up	Up	Up	9.65%
Jun 20	A	Strong	Up	Up	Flat	9.97%