Trend Table for HYD - Market Vectors High Yield Municipal Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	B	Weak or Absent	Flat	Flat	Flat	7.56%
May 12	A	Weak or Absent	Flat	Up	Flat	7.35%
May 11	A	Weak or Absent	Flat	Up	Flat	7.31%
May 10	A	Weak or Absent	Flat	Up	Flat	7.35%
May 9	C	Weak or Absent	Flat	Flat	Flat	7.85%
May 8	C	Weak or Absent	Flat	Flat	Flat	7.79%
May 5	A	Weak or Absent	Up	Up	Up	7.04%
May 4	A	Weak or Absent	Up	Up	Up	7.08%
May 3	A	Weak or Absent	Flat	Up	Up	7.22%
May 2	A	Weak or Absent	Flat	Up	Up	7.47%