Trend Table for PPH - Market Vectors Pharmaceutical ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	B	Strong	Up	Up	Up	5.52%
May 16	A	Strong	Up	Up	Up	5.51%
May 15	A	Weak or Absent	Up	Up	Up	4.96%
May 14	A	Weak or Absent	Up	Up	Up	5.85%
May 13	A	Weak or Absent	Up	Up	Up	6.04%
May 10	B	Weak or Absent	Up	Up	Up	6.68%
May 9	B	Weak or Absent	Up	Up	Up	6.62%
May 8	C	Weak or Absent	Up	Up	Up	7.51%
May 7	C	Weak or Absent	Up	Flat	Up	7.78%
May 6	C	Weak or Absent	Up	Down	Up	8.65%