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 6	B	Weak or Absent	Flat	Flat	Flat	5.06%
Sep 5	B	Weak or Absent	Flat	Flat	Flat	4.87%
Sep 1	B	Weak or Absent	Flat	Flat	Flat	4.81%
Aug 31	B	Weak or Absent	Flat	Flat	Flat	4.96%
Aug 30	A	Weak or Absent	Flat	Flat	Flat	5.02%
Aug 29	A	Weak or Absent	Flat	Flat	Flat	5.02%
Aug 28	D	Weak or Absent	Flat	Flat	Flat	5.28%
Aug 25	D	Weak or Absent	Flat	Flat	Flat	5.34%
Aug 24	B	Weak or Absent	Flat	Flat	Flat	5.15%
Aug 23	C	Weak or Absent	Flat	Flat	Flat	5.15%