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 1	C	Strong	Flat	Flat	Flat	5.53%
Apr 28	B	Strong	Flat	Flat	Flat	5.36%
Apr 27	A	Strong	Flat	Flat	Flat	5.29%
Apr 26	A	Strong	Flat	Flat	Flat	5.29%
Apr 24	A	Strong	Flat	Flat	Down	5.29%
Apr 21	B	Strong	Flat	Flat	Down	5.42%
Apr 19	A	Strong	Flat	Flat	Down	5.23%
Apr 18	A	Strong	Flat	Flat	Flat	4.98%
Apr 17	A	Strong	Up	Up	Flat	4.55%
Apr 14	A	Strong	Up	Up	Flat	4.55%