Trend Table for EMLC - Market Vectors Emerging Markets Local Currency Bond ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	C	Weak or Absent	Up	Flat	Up	-0.19%
May 3	B	Weak or Absent	Up	Flat	Up	-0.15%
May 2	C	Weak or Absent	Flat	Down	Up	0.52%
May 1	D	Weak or Absent	Down	Down	Flat	1.53%
Apr 30	D	Weak or Absent	Down	Down	Flat	2.13%
Apr 29	D	Weak or Absent	Down	Down	Up	1.10%
Apr 26	D	Weak or Absent	Down	Down	Flat	1.61%
Apr 25	D	Weak or Absent	Down	Down	Flat	1.83%
Apr 24	D	Weak or Absent	Down	Down	Flat	1.87%
Apr 23	D	Weak or Absent	Down	Down	Flat	1.36%