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
Feb 15	C	Weak or Absent	Up	Flat	Flat	2.64%
Feb 12	B	Weak or Absent	Up	Flat	Flat	2.52%
Feb 9	C	Weak or Absent	Up	Flat	Flat	2.73%
Feb 8	C	Weak or Absent	Up	Flat	Flat	2.76%
Feb 6	B	Weak or Absent	Up	Flat	Flat	2.59%
Feb 5	C	Weak or Absent	Up	Flat	Flat	2.82%
Feb 2	B	Weak or Absent	Up	Flat	Flat	2.46%
Feb 1	B	Weak or Absent	Up	Up	Flat	2.28%
Jan 31	A	Weak or Absent	Up	Flat	Flat	2.34%
Jan 30	B	Weak or Absent	Up	Flat	Flat	2.64%