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
Mar 5	B	Weak or Absent	Up	Flat	Flat	2.37%
Mar 1	B	Weak or Absent	Up	Flat	Flat	2.23%
Feb 29	B	Weak or Absent	Up	Flat	Flat	2.43%
Feb 28	C	Weak or Absent	Up	Flat	Flat	2.46%
Feb 26	C	Weak or Absent	Up	Flat	Flat	2.52%
Feb 23	C	Weak or Absent	Up	Flat	Flat	2.46%
Feb 22	C	Weak or Absent	Up	Flat	Flat	2.58%
Feb 21	C	Weak or Absent	Up	Flat	Flat	2.58%
Feb 20	C	Weak or Absent	Up	Flat	Flat	2.64%
Feb 16	C	Weak or Absent	Up	Flat	Flat	2.58%