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
Nov 10	A	Weak or Absent	Up	Up	Up	11.18%
Nov 9	B	Weak or Absent	Up	Flat	Flat	12.76%
Nov 8	B	Weak or Absent	Up	Up	Up	12.15%
Nov 7	B	Weak or Absent	Up	Up	Up	11.42%
Nov 6	B	Weak or Absent	Up	Up	Up	9.12%
Nov 3	B	Weak or Absent	Up	Up	Up	10.87%
Nov 2	A	Weak or Absent	Up	Up	Up	11.43%
Nov 1	C	Weak or Absent	Down	Down	Up	14.84%
Oct 31	B	Weak or Absent	Down	Down	Up	16.15%
Oct 30	B	Weak or Absent	Down	Down	Up	16.60%