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
Oct 24	B	Weak or Absent	Flat	Flat	Flat	5.47%
Oct 23	B	Weak or Absent	Flat	Flat	Flat	5.59%
Oct 20	B	Weak or Absent	Flat	Flat	Flat	5.53%
Oct 19	B	Weak or Absent	Down	Down	Flat	5.79%
Oct 18	C	Weak or Absent	Flat	Flat	Flat	5.41%
Oct 17	C	Weak or Absent	Flat	Flat	Flat	5.41%
Oct 16	B	Weak or Absent	Flat	Flat	Flat	5.15%
Oct 13	A	Weak or Absent	Flat	Flat	Flat	5.15%
Oct 12	B	Weak or Absent	Flat	Flat	Flat	5.09%
Oct 11	A	Weak or Absent	Flat	Flat	Flat	5.03%