Trend Table for SMB - Market Vectors Short Municipal Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 22	C	Weak or Absent	Up	Flat	Flat	0.00%
Nov 21	C	Weak or Absent	Up	Flat	Flat	0.00%
Nov 20	C	Weak or Absent	Up	Flat	Flat	-0.03%
Nov 19	C	Weak or Absent	Up	Flat	Flat	-0.03%
Nov 18	A	Weak or Absent	Up	Flat	Flat	-0.06%
Nov 15	C	Weak or Absent	Up	Flat	Flat	0.03%
Nov 14	C	Weak or Absent	Up	Flat	Flat	0.12%
Nov 13	C	Weak or Absent	Up	Flat	Flat	0.12%
Nov 12	C	Weak or Absent	Up	Flat	Flat	0.23%
Nov 11	C	Weak or Absent	Up	Flat	Flat	0.06%