Trend Table for SLX - Market Vectors Steel Index ETF Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	C	Weak or Absent	Up	Flat	Down	-1.33%
May 22	C	Weak or Absent	Up	Up	Flat	-2.16%
May 21	B	Weak or Absent	Up	Up	Up	-3.43%
May 20	B	Weak or Absent	Up	Up	Up	-3.48%
May 17	B	Weak or Absent	Up	Up	Up	-3.61%
May 16	B	Weak or Absent	Up	Up	Up	-3.51%
May 15	B	Weak or Absent	Up	Up	Up	-3.15%
May 14	B	Weak or Absent	Up	Up	Up	-2.11%
May 13	C	Weak or Absent	Up	Up	Up	-1.61%
May 10	C	Weak or Absent	Up	Flat	Up	-1.30%