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 22	D	Weak or Absent	Down	Down	Flat	15.13%
May 19	D	Weak or Absent	Down	Down	Flat	15.27%
May 18	D	Weak or Absent	Down	Down	Flat	15.34%
May 17	D	Weak or Absent	Down	Down	Flat	15.47%
May 16	F	Weak or Absent	Down	Down	Down	16.70%
May 15	D	Weak or Absent	Down	Down	Flat	15.47%
May 12	D	Weak or Absent	Down	Down	Flat	15.34%
May 11	D	Weak or Absent	Down	Down	Down	15.74%
May 10	D	Weak or Absent	Down	Down	Flat	14.93%
May 9	D	Weak or Absent	Down	Down	Down	15.07%