Trend Table for PPH - Market Vectors Pharmaceutical ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 12	A	Weak or Absent	Up	Up	Up	23.60%
Jan 11	A	Weak or Absent	Up	Up	Flat	23.97%
Jan 10	A	Weak or Absent	Up	Up	Flat	24.20%
Jan 9	A	Weak or Absent	Up	Up	Flat	24.42%
Jan 6	A	Weak or Absent	Up	Up	Up	22.57%
Jan 5	A	Weak or Absent	Up	Up	Flat	24.80%
Jan 4	A	Weak or Absent	Up	Up	Up	23.86%
Jan 3	A	Weak or Absent	Up	Up	Up	24.58%
Dec 30	A	Weak or Absent	Up	Up	Flat	25.55%
Dec 29	A	Weak or Absent	Up	Up	Up	24.97%