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
Aug 1	C	Weak or Absent	Flat	Flat	Flat	0.06%
Jul 31	B	Weak or Absent	Up	Up	Flat	-0.50%
Jul 30	C	Weak or Absent	Flat	Flat	Flat	-0.01%
Jul 29	C	Weak or Absent	Flat	Flat	Flat	0.08%
Jul 26	C	Weak or Absent	Flat	Flat	Flat	-0.21%
Jul 25	C	Weak or Absent	Flat	Flat	Down	0.12%
Jul 24	D	Weak or Absent	Flat	Flat	Down	0.24%
Jul 23	C	Weak or Absent	Up	Flat	Down	-0.30%
Jul 22	C	Weak or Absent	Up	Up	Flat	-0.50%
Jul 19	C	Weak or Absent	Up	Flat	Flat	-0.25%