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
Apr 22	C	Weak or Absent	Up	Flat	Flat	4.80%
Apr 19	B	Weak or Absent	Up	Flat	Flat	4.47%
Apr 18	A	Strong	Up	Flat	Flat	4.65%
Apr 17	A	Strong	Up	Flat	Flat	4.51%
Apr 16	B	Strong	Up	Flat	Flat	4.84%
Apr 15	A	Strong	Up	Flat	Flat	4.61%
Apr 12	A	Strong	Up	Flat	Flat	4.70%
Apr 11	C	Strong	Up	Flat	Flat	4.80%
Apr 10	C	Strong	Up	Flat	Down	5.03%
Apr 9	A	Strong	Up	Flat	Flat	4.37%