Trend Table for PFXF - Market Vectors Preferred Securities ex Financials ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Weak or Absent	Up	Up	Flat	5.66%
May 17	B	Weak or Absent	Up	Up	Flat	5.54%
May 16	B	Weak or Absent	Up	Up	Flat	5.73%
May 15	B	Weak or Absent	Up	Up	Up	5.54%
May 14	C	Weak or Absent	Up	Flat	Up	6.03%
May 13	C	Weak or Absent	Up	Flat	Up	6.09%
May 10	D	Weak or Absent	Up	Flat	Flat	6.58%
May 9	C	Weak or Absent	Up	Flat	Up	6.52%
May 8	C	Weak or Absent	Up	Flat	Up	6.89%
May 7	C	Weak or Absent	Up	Up	Up	5.97%