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
Nov 21	A	Strong	Up	Up	Flat	3.66%
Nov 20	A	Strong	Up	Up	Flat	3.66%
Nov 17	A	Strong	Up	Up	Flat	3.91%
Nov 16	A	Strong	Up	Up	Flat	3.87%
Nov 15	A	Strong	Up	Up	Flat	3.97%
Nov 14	A	Strong	Up	Up	Up	3.84%
Nov 13	A	Strong	Up	Up	Up	3.97%
Nov 10	A	Weak or Absent	Up	Up	Up	4.00%
Nov 9	A	Weak or Absent	Up	Up	Flat	4.40%
Nov 8	A	Weak or Absent	Up	Up	Up	4.15%