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
Aug 23	B	Weak or Absent	Up	Up	Up	7.84%
Aug 22	B	Weak or Absent	Up	Up	Up	8.12%
Aug 21	B	Weak or Absent	Up	Flat	Flat	8.96%
Aug 18	B	Weak or Absent	Up	Flat	Down	9.00%
Aug 17	B	Weak or Absent	Up	Flat	Down	9.27%
Aug 16	B	Weak or Absent	Up	Flat	Down	9.28%
Aug 15	B	Weak or Absent	Up	Flat	Down	9.11%
Aug 14	B	Weak or Absent	Up	Up	Flat	7.27%
Aug 11	B	Strong	Up	Flat	Down	9.69%
Aug 10	B	Strong	Up	Up	Down	8.99%