Trend Table for SMB - Market Vectors Short Municipal Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 20	B	Weak or Absent	Flat	Flat	Flat	5.12%
Sep 19	B	Weak or Absent	Flat	Flat	Flat	5.06%
Sep 18	A	Weak or Absent	Flat	Flat	Flat	5.00%
Sep 15	B	Weak or Absent	Flat	Flat	Flat	5.12%
Sep 14	B	Weak or Absent	Flat	Flat	Flat	5.06%
Sep 13	B	Weak or Absent	Flat	Flat	Flat	5.06%
Sep 12	A	Weak or Absent	Flat	Flat	Flat	4.93%
Sep 11	A	Weak or Absent	Flat	Flat	Flat	5.00%
Sep 8	A	Weak or Absent	Flat	Flat	Flat	5.00%
Sep 7	B	Weak or Absent	Flat	Flat	Flat	5.00%