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 30	F	Strong	Flat	Down	Flat	5.84%
May 26	F	Strong	Flat	Down	Flat	5.97%
May 25	F	Strong	Flat	Down	Flat	6.10%
May 24	F	Weak or Absent	Down	Down	Down	6.23%
May 23	F	Weak or Absent	Flat	Down	Down	6.10%
May 22	F	Weak or Absent	Flat	Down	Flat	5.78%
May 19	F	Weak or Absent	Flat	Down	Down	6.03%
May 18	F	Weak or Absent	Flat	Down	Flat	5.84%
May 17	C	Weak or Absent	Flat	Flat	Flat	5.53%
May 16	B	Weak or Absent	Flat	Flat	Flat	5.40%