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
Aug 2	A	Weak or Absent	Flat	Flat	Flat	5.15%
Aug 1	A	Weak or Absent	Flat	Flat	Flat	5.22%
Jul 31	B	Weak or Absent	Up	Flat	Flat	5.04%
Jul 28	A	Weak or Absent	Up	Flat	Flat	5.10%
Jul 21	A	Weak or Absent	Up	Flat	Flat	4.98%
Jul 20	A	Weak or Absent	Up	Up	Flat	4.79%
Jul 19	A	Weak or Absent	Up	Up	Flat	4.79%
Jul 18	A	Weak or Absent	Up	Up	Flat	4.85%
Jul 17	A	Weak or Absent	Up	Flat	Flat	4.98%
Jul 14	A	Weak or Absent	Up	Flat	Flat	5.10%