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
Aug 15	C	Weak or Absent	Up	Up	Up	0.79%
Aug 14	C	Weak or Absent	Up	Flat	Up	1.78%
Aug 13	C	Weak or Absent	Up	Flat	Up	1.41%
Aug 12	C	Weak or Absent	Up	Down	Up	2.28%
Aug 9	C	Weak or Absent	Up	Down	Up	2.76%
Aug 8	C	Strong	Up	Down	Flat	3.24%
Aug 7	C	Strong	Up	Down	Down	5.24%
Aug 6	C	Strong	Up	Down	Down	6.01%
Aug 5	C	Weak or Absent	Up	Down	Down	6.45%
Aug 2	D	Weak or Absent	Up	Down	Down	3.66%