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 23	B	Weak or Absent	Up	Flat	Down	3.78%
May 22	B	Weak or Absent	Up	Flat	Down	3.51%
May 21	B	Weak or Absent	Up	Flat	Flat	3.21%
May 20	B	Weak or Absent	Up	Flat	Flat	3.15%
May 17	B	Weak or Absent	Up	Up	Flat	2.89%
May 16	A	Weak or Absent	Up	Up	Flat	2.62%
May 15	A	Weak or Absent	Up	Up	Up	2.54%
May 14	A	Weak or Absent	Up	Up	Flat	2.87%
May 13	A	Weak or Absent	Up	Up	Flat	2.95%
May 10	A	Weak or Absent	Up	Up	Up	2.93%