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 8	D	Weak or Absent	Down	Down	Down	15.00%
May 5	D	Weak or Absent	Down	Down	Down	15.13%
May 4	D	Weak or Absent	Down	Down	Down	16.08%
May 3	D	Weak or Absent	Down	Down	Down	15.07%
May 2	D	Weak or Absent	Down	Down	Down	13.81%
May 1	C	Weak or Absent	Down	Flat	Flat	12.70%
Apr 28	C	Weak or Absent	Down	Flat	Flat	12.70%
Apr 27	D	Weak or Absent	Down	Down	Flat	13.28%
Apr 26	D	Weak or Absent	Down	Down	Down	14.40%
Apr 25	D	Weak or Absent	Down	Down	Down	13.61%