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
Oct 11	B	Strong	Up	Flat	Flat	-0.10%
Oct 10	A	Strong	Up	Flat	Flat	-0.07%
Oct 9	A	Strong	Up	Flat	Flat	-0.07%
Oct 8	A	Strong	Up	Flat	Flat	-0.07%
Oct 7	A	Strong	Up	Flat	Flat	-0.13%
Oct 4	B	Strong	Up	Flat	Flat	-0.02%
Oct 3	A	Strong	Up	Up	Flat	-0.30%
Oct 2	A	Strong	Up	Up	Flat	-0.30%
Oct 1	A	Strong	Up	Up	Flat	-0.30%
Sep 30	A	Strong	Up	Up	Flat	-0.28%