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
Jan 25	C	Weak or Absent	Up	Flat	Flat	-1.21%
Jan 24	C	Weak or Absent	Up	Flat	Flat	-1.21%
Jan 23	D	Weak or Absent	Up	Flat	Down	-0.77%
Jan 22	C	Weak or Absent	Up	Flat	Flat	-1.05%
Jan 19	B	Weak or Absent	Up	Flat	Flat	-1.29%
Jan 18	B	Strong	Up	Flat	Down	-0.93%
Jan 17	C	Strong	Up	Flat	Down	-0.77%
Jan 16	B	Strong	Up	Flat	Down	-0.77%
Jan 12	A	Strong	Up	Up	Up	-2.34%
Jan 11	A	Strong	Up	Up	Flat	-2.15%