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
Jul 22	F	Weak or Absent	Flat	Down	Flat	4.16%
Jul 19	F	Weak or Absent	Down	Down	Flat	4.67%
Jul 18	D	Weak or Absent	Flat	Flat	Flat	3.83%
Jul 17	D	Weak or Absent	Up	Up	Up	2.55%
Jul 16	D	Weak or Absent	Up	Up	Up	1.21%
Jul 15	C	Weak or Absent	Up	Up	Up	2.11%
Jul 12	C	Weak or Absent	Up	Flat	Up	3.08%
Jul 11	D	Weak or Absent	Flat	Down	Up	4.25%
Jul 10	D	Weak or Absent	Down	Down	Flat	6.56%
Jul 9	D	Weak or Absent	Down	Down	Flat	7.20%