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 20	B	Weak or Absent	Up	Up	Up	-2.62%
May 17	B	Weak or Absent	Up	Up	Up	-2.76%
May 16	B	Weak or Absent	Up	Up	Up	-2.65%
May 15	B	Weak or Absent	Up	Up	Up	-2.29%
May 14	B	Weak or Absent	Up	Up	Up	-1.24%
May 13	C	Weak or Absent	Up	Up	Up	-0.74%
May 10	C	Weak or Absent	Up	Flat	Up	-0.43%
May 9	C	Weak or Absent	Up	Up	Up	-0.99%
May 8	D	Weak or Absent	Up	Flat	Up	0.26%
May 7	C	Weak or Absent	Up	Up	Up	-0.55%