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
Jan 9	B	Strong	Up	Up	Flat	2.64%
Jan 5	B	Strong	Up	Up	Flat	2.64%
Jan 4	B	Strong	Up	Up	Flat	2.64%
Jan 3	B	Strong	Up	Up	Flat	2.58%
Jan 2	B	Strong	Up	Up	Flat	2.52%
Dec 29	C	Strong	Up	Up	Flat	2.46%
Dec 28	C	Strong	Up	Up	Flat	2.58%
Dec 27	D	Strong	Up	Up	Flat	2.28%
Dec 26	B	Strong	Up	Up	Flat	2.08%
Dec 22	C	Strong	Up	Up	Flat	2.34%