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
May 17	C	Weak or Absent	Up	Flat	Flat	0.00%
May 16	B	Weak or Absent	Up	Flat	Flat	-0.05%
May 15	B	Weak or Absent	Up	Flat	Flat	-0.11%
May 14	B	Weak or Absent	Up	Flat	Flat	-0.08%
May 13	B	Weak or Absent	Up	Flat	Flat	-0.11%
May 10	B	Weak or Absent	Up	Flat	Flat	-0.08%
May 9	A	Weak or Absent	Up	Flat	Flat	0.01%
May 8	A	Weak or Absent	Up	Flat	Flat	-0.11%
May 7	A	Weak or Absent	Up	Flat	Flat	-0.08%
May 6	A	Weak or Absent	Up	Flat	Flat	0.13%