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
Jun 2	C	Weak or Absent	Up	Flat	Up	11.29%
Jun 1	B	Weak or Absent	Up	Flat	Up	11.25%
May 31	C	Weak or Absent	Up	Down	Flat	11.92%
May 30	C	Weak or Absent	Up	Flat	Up	11.79%
May 26	D	Weak or Absent	Flat	Down	Flat	12.64%
May 25	D	Weak or Absent	Down	Down	Down	13.03%
May 24	D	Weak or Absent	Flat	Down	Down	12.68%
May 23	D	Weak or Absent	Flat	Down	Down	12.47%
May 22	D	Weak or Absent	Flat	Down	Down	12.56%
May 19	D	Weak or Absent	Flat	Down	Down	12.34%