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
Sep 26	C	Weak or Absent	Down	Down	Flat	5.61%
Sep 25	C	Weak or Absent	Down	Down	Down	5.73%
Sep 22	C	Weak or Absent	Flat	Flat	Flat	5.39%
Sep 21	C	Weak or Absent	Flat	Flat	Flat	5.20%
Sep 20	B	Weak or Absent	Flat	Flat	Flat	5.07%
Sep 19	B	Weak or Absent	Flat	Flat	Flat	5.01%
Sep 18	A	Weak or Absent	Flat	Flat	Flat	4.95%
Sep 15	B	Weak or Absent	Flat	Flat	Flat	5.07%
Sep 14	B	Weak or Absent	Flat	Flat	Flat	5.01%
Sep 13	B	Weak or Absent	Flat	Flat	Flat	5.01%