Trend Table for PPH - Market Vectors Pharmaceutical ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 27	A	Weak or Absent	Up	Up	Flat	18.32%
Dec 23	A	Weak or Absent	Up	Up	Up	17.92%
Dec 22	A	Weak or Absent	Up	Up	Flat	18.62%
Dec 21	A	Strong	Up	Up	Flat	18.70%
Dec 20	A	Strong	Up	Up	Down	20.02%
Dec 19	A	Strong	Up	Up	Down	20.09%
Dec 16	A	Strong	Up	Up	Down	19.96%
Dec 15	A	Strong	Up	Up	Flat	18.16%
Dec 14	A	Strong	Up	Up	Up	16.45%
Dec 13	A	Strong	Up	Up	Up	17.23%