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
Oct 24	B	Strong	Down	Down	Flat	15.37%
Oct 23	D	Strong	Down	Down	Flat	15.84%
Oct 20	B	Strong	Down	Down	Down	16.62%
Oct 19	C	Strong	Down	Down	Down	17.12%
Oct 18	C	Strong	Down	Down	Down	16.52%
Oct 17	D	Strong	Down	Down	Flat	15.61%
Oct 16	C	Strong	Down	Down	Flat	15.14%
Oct 13	C	Strong	Down	Down	Flat	14.85%
Oct 12	C	Strong	Down	Down	Flat	15.10%
Oct 11	C	Strong	Down	Down	Up	14.16%