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 30	D	Weak or Absent	Down	Down	Down	27.36%
May 26	D	Weak or Absent	Down	Down	Down	24.77%
May 25	D	Weak or Absent	Down	Down	Down	26.32%
May 24	D	Weak or Absent	Down	Down	Down	25.74%
May 23	D	Weak or Absent	Down	Down	Flat	22.87%
May 22	D	Weak or Absent	Flat	Down	Up	21.46%
May 19	D	Weak or Absent	Flat	Down	Flat	21.99%
May 18	C	Weak or Absent	Flat	Down	Up	21.39%
May 17	C	Weak or Absent	Flat	Down	Up	21.50%
May 16	D	Strong	Down	Down	Down	25.29%