Trend Table for MBND - SPDR Nuveen Municipal Bond ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 15	C	Weak or Absent	Flat	Up	Up	8.18%
Nov 14	B	Weak or Absent	Flat	Up	Up	7.86%
Nov 13	C	Weak or Absent	Down	Up	Up	8.76%
Nov 10	C	Weak or Absent	Down	Up	Up	8.84%
Nov 9	C	Weak or Absent	Down	Flat	Up	9.05%
Nov 8	C	Weak or Absent	Down	Up	Up	8.89%
Nov 7	C	Weak or Absent	Down	Flat	Up	9.20%
Nov 6	F	Weak or Absent	Down	Flat	Up	9.64%
Nov 3	C	Weak or Absent	Down	Flat	Up	9.38%
Nov 2	D	Weak or Absent	Down	Down	Up	10.36%