Trend Table for SMH - Market Vectors Semiconductor ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Weak or Absent	Up	Up	Up	4.09%
May 17	B	Weak or Absent	Up	Up	Up	6.24%
May 16	B	Weak or Absent	Up	Up	Up	5.35%
May 15	B	Weak or Absent	Up	Up	Up	4.58%
May 14	C	Weak or Absent	Up	Up	Up	7.72%
May 13	C	Weak or Absent	Up	Up	Up	9.57%
May 10	C	Weak or Absent	Up	Up	Up	9.55%
May 9	C	Weak or Absent	Up	Flat	Up	11.20%
May 8	C	Weak or Absent	Up	Up	Up	10.49%
May 7	C	Weak or Absent	Up	Up	Up	10.82%