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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 16	B	Strong	Up	Flat	Flat	-0.62%
May 15	C	Strong	Up	Flat	Flat	-0.66%
May 14	C	Strong	Up	Flat	Flat	-0.57%
May 13	C	Strong	Up	Flat	Flat	-0.56%
May 10	C	Weak or Absent	Up	Flat	Flat	-0.56%
May 9	C	Strong	Up	Flat	Flat	-0.64%
May 8	C	Weak or Absent	Up	Flat	Flat	-0.58%
May 7	C	Weak or Absent	Up	Flat	Flat	-0.57%
May 6	C	Weak or Absent	Up	Flat	Flat	-0.42%
May 3	C	Weak or Absent	Up	Flat	Flat	-0.36%