Trend Table for SMB - Market Vectors Short Municipal Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 3	B	Strong	Up	Flat	Flat	1.91%
Jul 2	B	Strong	Up	Flat	Flat	1.97%
Jul 1	B	Strong	Up	Flat	Flat	2.09%
Jun 28	B	Strong	Up	Flat	Flat	2.04%
Jun 27	B	Strong	Up	Flat	Flat	2.04%
Jun 26	B	Strong	Up	Flat	Flat	2.10%
Jun 25	B	Strong	Up	Flat	Flat	1.95%
Jun 24	B	Strong	Up	Flat	Flat	1.98%
Jun 21	B	Strong	Up	Flat	Flat	2.04%
Jun 20	B	Strong	Up	Flat	Flat	1.98%