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
Aug 1	A	Strong	Up	Up	Up	1.87%
Jul 31	A	Strong	Up	Up	Flat	2.65%
Jul 30	A	Strong	Up	Up	Flat	2.70%
Jul 29	A	Strong	Up	Up	Flat	2.78%
Jul 26	A	Strong	Up	Up	Flat	2.84%
Jul 25	A	Strong	Up	Up	Flat	2.61%
Jul 24	A	Strong	Up	Flat	Flat	2.97%
Jul 23	A	Strong	Up	Up	Flat	2.93%
Jul 22	A	Strong	Up	Up	Flat	2.70%
Jul 19	A	Strong	Up	Up	Flat	2.79%