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
May 17	B	Weak or Absent	Flat	Flat	Flat	12.19%
May 16	D	Weak or Absent	Down	Flat	Flat	12.82%
May 15	B	Weak or Absent	Flat	Flat	Up	12.06%
May 12	D	Weak or Absent	Down	Down	Down	13.92%
May 11	D	Weak or Absent	Down	Flat	Flat	12.65%
May 10	D	Weak or Absent	Flat	Flat	Flat	12.35%
May 9	D	Weak or Absent	Flat	Flat	Up	12.35%
May 8	B	Weak or Absent	Flat	Flat	Up	11.78%
May 5	C	Weak or Absent	Flat	Flat	Up	11.96%
May 4	D	Weak or Absent	Down	Down	Down	13.29%