NASDAQ ยท ETF ยท ENHANCED MARKET DYNAMICS

GTPE

Goldman Sachs MSCI World Private Equity Return Tracker ETF

US

EMD SCORE70/100

CURRENT COMPLETED-WEEK READ

Strongly constructive

The latest completed-week readings are broadly supportive. Conditions remain positive, but momentum has eased.

Constructive fade60% directional agreement76% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 61.88
Evidence
45 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 supportive ยท 1 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
24 Oct 2025โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท USD +100+500-50-100 63.7355.6147.49 24 Oct 2025 ยท EMD 46/100 ยท close 50.55 31 Oct 2025 ยท EMD 43/100 ยท close 50.29 7 Nov 2025 ยท EMD 45/100 ยท close 49.49 14 Nov 2025 ยท EMD 45/100 ยท close 49.63 21 Nov 2025 ยท EMD 42/100 ยท close 48.36 28 Nov 2025 ยท EMD 46/100 ยท close 50.49 5 Dec 2025 ยท EMD 47/100 ยท close 51.32 12 Dec 2025 ยท EMD 46/100 ยท close 51.35 19 Dec 2025 ยท EMD 50/100 ยท close 51.81 26 Dec 2025 ยท EMD 47/100 ยท close 52.35 2 Jan 2026 ยท EMD 46/100 ยท close 51.84 9 Jan 2026 ยท EMD 48/100 ยท close 52.69 16 Jan 2026 ยท EMD 47/100 ยท close 53.00 23 Jan 2026 ยท EMD 51/100 ยท close 53.25 30 Jan 2026 ยท EMD 46/100 ยท close 52.55 6 Feb 2026 ยท EMD 57/100 ยท close 53.00 13 Feb 2026 ยท EMD 48/100 ยท close 52.98 20 Feb 2026 ยท EMD 52/100 ยท close 53.59 27 Feb 2026 ยท EMD 53/100 ยท close 53.84 6 Mar 2026 ยท EMD 47/100 ยท close 52.48 13 Mar 2026 ยท EMD 44/100 ยท close 51.18 20 Mar 2026 ยท EMD 44/100 ยท close 50.26 27 Mar 2026 ยท EMD 42/100 ยท close 49.65 3 Apr 2026 ยท EMD 51/100 ยท close 51.53 10 Apr 2026 ยท EMD 58/100 ยท close 53.89 17 Apr 2026 ยท EMD 55/100 ยท close 56.31 24 Apr 2026 ยท EMD 56/100 ยท close 56.83 1 May 2026 ยท EMD 55/100 ยท close 56.91 8 May 2026 ยท EMD 59/100 ยท close 58.32 15 May 2026 ยท EMD 72/100 ยท close 57.34 22 May 2026 ยท EMD 86/100 ยท close 59.01 29 May 2026 ยท EMD 85/100 ยท close 60.27 5 Jun 2026 ยท EMD 73/100 ยท close 59.22 12 Jun 2026 ยท EMD 86/100 ยท close 60.40 19 Jun 2026 ยท EMD 82/100 ยท close 60.64 26 Jun 2026 ยท EMD 80/100 ยท close 60.10 3 Jul 2026 ยท EMD 76/100 ยท close 60.66 10 Jul 2026 ยท EMD 81/100 ยท close 60.99 17 Jul 2026 ยท EMD 77/100 ยท close 59.64 24 Jul 2026 ยท EMD 71/100 ยท close 59.61 31 Jul 2026 ยท EMD 74/100 ยท close 59.59 7 Aug 2026 ยท EMD 76/100 ยท close 62.24 14 Aug 2026 ยท EMD 82/100 ยท close 62.86 21 Aug 2026 ยท EMD 76/100 ยท close 62.46 28 Aug 2026 ยท EMD 70/100 ยท close 61.88 19 Dec 2025 ยท Up-cycle confirmed ยท close 51.81 24 Oct 202527 Mar 202628 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 92%Current EMD +40.34-week EMD change -7.9156-week price range USD 48.36โ€“62.86

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

72/1000.26

Strengthening beneath price
4-week change -0.15

02

Trend and deviation

92/100+8.1% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

73/1004w +3.8% ยท 13w +2.7%

Momentum is supportive
SMI 0.93

04

Price-volume pressure

36/10036% constructive pressure

Volume is leaning against the close
Volume ratio 0.69x

05

Modeled Trend

91/100Modeled Trend 0.88

Modeled Trend is supportive
Smoothed Modeled Trend 0.82

Evidence context