Trend Table for PPH - Market Vectors Pharmaceutical ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	B	Weak or Absent	Up	Up	Up	4.46%
May 9	B	Weak or Absent	Up	Up	Up	4.40%
May 8	C	Weak or Absent	Up	Up	Up	5.27%
May 7	C	Weak or Absent	Up	Flat	Up	5.54%
May 6	C	Weak or Absent	Up	Down	Up	6.39%
May 3	C	Weak or Absent	Up	Down	Flat	7.03%
May 2	C	Weak or Absent	Up	Down	Up	6.66%
May 1	B	Weak or Absent	Up	Flat	Up	5.99%
Apr 30	B	Weak or Absent	Up	Down	Up	6.48%
Apr 29	C	Weak or Absent	Up	Down	Up	7.00%