Trend Table for VTES - Vanguard Short-Term Tax Exempt Bond ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 21	D	Weak or Absent	Up	Flat	Flat	2.55%
May 20	D	Weak or Absent	Up	Flat	Flat	2.46%
May 17	D	Strong	Up	Flat	Flat	2.40%
May 16	B	Strong	Up	Flat	Flat	2.29%
May 15	C	Strong	Up	Flat	Flat	2.25%
May 14	C	Strong	Up	Flat	Flat	2.34%
May 13	C	Strong	Up	Flat	Flat	2.35%
May 10	C	Weak or Absent	Up	Flat	Flat	2.35%
May 9	C	Strong	Up	Flat	Flat	2.27%
May 8	C	Weak or Absent	Up	Flat	Flat	2.33%