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
Jan 30	C	Weak or Absent	Up	Up	Up	-1.69%
Jan 29	C	Weak or Absent	Up	Up	Up	-0.78%
Jan 26	C	Weak or Absent	Up	Up	Up	-0.71%
Jan 25	D	Weak or Absent	Up	Flat	Flat	0.43%
Jan 24	C	Weak or Absent	Up	Flat	Up	-0.02%
Jan 23	D	Strong	Up	Flat	Flat	0.65%
Jan 22	D	Strong	Up	Down	Down	1.27%
Jan 19	D	Strong	Up	Down	Down	1.28%
Jan 18	C	Strong	Up	Flat	Down	1.26%
Jan 17	C	Strong	Up	Down	Down	2.19%