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
Sep 27	C	Weak or Absent	Flat	Flat	Flat	5.54%
Sep 26	C	Weak or Absent	Down	Down	Flat	5.70%
Sep 25	C	Weak or Absent	Down	Down	Down	5.83%
Sep 22	C	Weak or Absent	Flat	Flat	Flat	5.48%
Sep 21	C	Weak or Absent	Flat	Flat	Flat	5.29%
Sep 20	B	Weak or Absent	Flat	Flat	Flat	5.16%
Sep 19	B	Weak or Absent	Flat	Flat	Flat	5.10%
Sep 18	A	Weak or Absent	Flat	Flat	Flat	5.04%
Sep 15	B	Weak or Absent	Flat	Flat	Flat	5.16%
Sep 14	B	Weak or Absent	Flat	Flat	Flat	5.10%