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 21	A	Weak or Absent	Up	Up	Up	0.50%
Aug 20	A	Weak or Absent	Up	Up	Up	0.84%
Aug 19	A	Weak or Absent	Up	Up	Up	1.18%
Aug 16	A	Weak or Absent	Up	Up	Up	1.44%
Aug 15	A	Weak or Absent	Up	Up	Up	1.83%
Aug 14	A	Weak or Absent	Up	Up	Up	1.72%
Aug 13	A	Weak or Absent	Up	Up	Up	2.10%
Aug 12	A	Weak or Absent	Up	Up	Flat	2.65%
Aug 9	A	Weak or Absent	Up	Up	Flat	2.70%
Aug 8	A	Weak or Absent	Up	Up	Flat	3.00%