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 1	D	Weak or Absent	Down	Down	Down	5.01%
Jul 31	B	Weak or Absent	Up	Up	Up	1.10%
Jul 30	B	Weak or Absent	Flat	Up	Flat	2.74%
Jul 29	B	Weak or Absent	Up	Up	Up	1.78%
Jul 26	B	Weak or Absent	Up	Up	Up	1.31%
Jul 25	B	Weak or Absent	Up	Up	Flat	2.68%
Jul 24	D	Weak or Absent	Down	Down	Down	5.77%
Jul 23	D	Weak or Absent	Flat	Flat	Flat	3.45%
Jul 22	F	Weak or Absent	Flat	Down	Flat	3.55%
Jul 19	F	Weak or Absent	Down	Down	Flat	4.05%