Trend Table for SMB - Market Vectors Short Municipal Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 22	C	Weak or Absent	Flat	Flat	Flat	5.34%
Aug 21	B	Weak or Absent	Flat	Flat	Flat	5.28%
Aug 18	B	Weak or Absent	Flat	Flat	Flat	5.15%
Aug 17	A	Weak or Absent	Flat	Flat	Flat	5.02%
Aug 16	C	Weak or Absent	Flat	Flat	Flat	5.15%
Aug 15	B	Weak or Absent	Flat	Flat	Flat	5.15%
Aug 14	A	Weak or Absent	Flat	Flat	Flat	5.09%
Aug 11	A	Weak or Absent	Flat	Flat	Flat	5.02%
Aug 10	A	Weak or Absent	Flat	Flat	Flat	5.02%
Aug 9	A	Weak or Absent	Flat	Flat	Flat	4.96%