Trend Table for SHYD - Market Vectors Short High-Yield Municipal Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	A	Strong	Up	Flat	Flat	3.02%
Jul 17	A	Strong	Up	Up	Flat	2.74%
Jul 16	B	Strong	Up	Up	Flat	2.88%
Jul 15	A	Strong	Up	Up	Flat	3.02%
Jul 12	A	Strong	Up	Up	Flat	2.74%
Jul 11	A	Strong	Up	Up	Flat	2.84%
Jul 10	A	Strong	Up	Up	Flat	2.97%
Jul 9	A	Strong	Up	Up	Flat	3.07%
Jul 8	B	Strong	Up	Flat	Flat	3.30%
Jul 5	A	Strong	Up	Up	Flat	2.93%