Trend Table for GEM - Goldman Sachs ActiveBeta Emerging Markets Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 28	B	Weak or Absent	Down	Up	Down	20.37%
Dec 27	B	Weak or Absent	Down	Up	Up	18.86%
Dec 23	B	Weak or Absent	Down	Up	Flat	20.03%
Dec 22	B	Weak or Absent	Down	Up	Down	20.20%
Dec 21	C	Weak or Absent	Down	Up	Flat	19.19%
Dec 20	B	Weak or Absent	Down	Up	Down	20.12%
Dec 19	B	Weak or Absent	Down	Up	Down	20.07%
Dec 16	C	Weak or Absent	Down	Up	Down	20.46%
Dec 15	C	Weak or Absent	Down	Up	Down	20.54%
Dec 14	C	Weak or Absent	Down	Up	Flat	17.87%