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
Mar 15	C	Weak or Absent	Flat	Down	Flat	13.69%
Mar 14	C	Weak or Absent	Down	Down	Flat	13.85%
Mar 13	C	Weak or Absent	Flat	Down	Flat	13.49%
Mar 10	C	Weak or Absent	Flat	Down	Flat	13.47%
Mar 9	D	Weak or Absent	Down	Down	Flat	14.28%
Mar 8	D	Weak or Absent	Down	Down	Flat	14.23%
Mar 7	D	Weak or Absent	Down	Down	Flat	14.02%
Mar 6	D	Weak or Absent	Flat	Down	Flat	13.46%
Mar 3	D	Weak or Absent	Flat	Down	Up	13.08%
Mar 2	D	Weak or Absent	Down	Down	Down	14.56%