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
Aug 18	B	Weak or Absent	Up	Flat	Down	11.21%
Aug 17	B	Weak or Absent	Up	Flat	Down	11.48%
Aug 16	B	Weak or Absent	Up	Flat	Down	11.49%
Aug 15	B	Weak or Absent	Up	Flat	Down	11.32%
Aug 14	B	Weak or Absent	Up	Up	Flat	9.44%
Aug 11	B	Strong	Up	Flat	Down	11.91%
Aug 10	B	Strong	Up	Up	Down	11.19%
Aug 9	B	Strong	Up	Up	Down	10.25%
Aug 8	B	Strong	Up	Up	Down	9.31%
Aug 7	C	Strong	Up	Up	Down	8.83%