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
Feb 15	C	Weak or Absent	Up	Flat	Flat	2.75%
Feb 12	B	Weak or Absent	Up	Flat	Flat	2.63%
Feb 9	C	Weak or Absent	Up	Flat	Flat	2.85%
Feb 8	C	Weak or Absent	Up	Flat	Flat	2.88%
Feb 6	B	Weak or Absent	Up	Flat	Flat	2.71%
Feb 5	C	Weak or Absent	Up	Flat	Flat	2.94%
Feb 2	B	Weak or Absent	Up	Flat	Flat	2.57%
Feb 1	B	Weak or Absent	Up	Up	Flat	2.39%
Jan 31	A	Weak or Absent	Up	Flat	Flat	2.46%
Jan 30	B	Weak or Absent	Up	Flat	Flat	2.76%