Trend Table for SLX - Market Vectors Steel Index ETF Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 26	C	Weak or Absent	Up	Up	Up	2.43%
Jan 25	D	Weak or Absent	Up	Flat	Flat	3.61%
Jan 24	C	Weak or Absent	Up	Flat	Up	3.14%
Jan 23	D	Strong	Up	Flat	Flat	3.83%
Jan 22	D	Strong	Up	Down	Down	4.47%
Jan 19	D	Strong	Up	Down	Down	4.48%
Jan 18	C	Strong	Up	Flat	Down	4.47%
Jan 17	C	Strong	Up	Down	Down	5.42%
Jan 16	D	Strong	Up	Flat	Down	4.35%
Jan 12	C	Strong	Up	Up	Down	2.27%