Trend Table for GSEE - Goldman Sachs MarketBeta Emerging Markets Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 15	C	Weak or Absent	Up	Up	Up	10.18%
Dec 14	C	Weak or Absent	Up	Up	Up	9.52%
Dec 13	C	Weak or Absent	Up	Up	Up	11.01%
Dec 11	C	Weak or Absent	Flat	Up	Flat	12.12%
Dec 8	D	Weak or Absent	Flat	Up	Down	12.69%
Dec 7	D	Weak or Absent	Flat	Up	Flat	12.25%
Dec 6	D	Weak or Absent	Flat	Up	Down	12.80%
Nov 30	B	Weak or Absent	Up	Up	Up	11.43%
Nov 29	B	Weak or Absent	Up	Up	Up	11.27%
Nov 28	B	Weak or Absent	Up	Up	Up	11.10%