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
Jul 17	A	Weak or Absent	Up	Up	Flat	0.53%
Jul 16	A	Weak or Absent	Up	Up	Up	0.28%
Jul 15	A	Weak or Absent	Up	Up	Up	0.58%
Jul 12	A	Weak or Absent	Up	Up	Up	0.38%
Jul 11	A	Weak or Absent	Up	Up	Up	0.48%
Jul 10	A	Weak or Absent	Up	Up	Up	1.07%
Jul 9	A	Weak or Absent	Up	Up	Up	1.50%
Jul 8	A	Weak or Absent	Up	Up	Up	1.15%
Jul 5	A	Weak or Absent	Up	Up	Up	1.17%
Jul 3	A	Weak or Absent	Up	Up	Flat	1.90%