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 15	C	Weak or Absent	Flat	Flat	Flat	5.34%
May 12	A	Weak or Absent	Flat	Flat	Flat	5.28%
May 11	A	Weak or Absent	Flat	Flat	Flat	5.15%
May 10	A	Weak or Absent	Flat	Flat	Flat	5.09%
May 9	A	Weak or Absent	Flat	Flat	Flat	5.22%
May 8	A	Weak or Absent	Flat	Flat	Flat	5.22%
May 5	A	Weak or Absent	Flat	Flat	Flat	5.09%
May 4	A	Weak or Absent	Flat	Flat	Flat	5.09%
May 3	A	Weak or Absent	Flat	Flat	Flat	5.22%
May 2	A	Strong	Flat	Flat	Flat	5.22%