Trend Table for SMB - Market Vectors Short Municipal Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 5	B	Weak or Absent	Flat	Flat	Flat	5.16%
Jul 3	A	Weak or Absent	Flat	Flat	Flat	5.09%
Jun 30	A	Weak or Absent	Flat	Flat	Flat	5.12%
Jun 29	B	Weak or Absent	Flat	Flat	Flat	5.18%
Jun 28	A	Weak or Absent	Up	Flat	Flat	4.99%
Jun 27	A	Weak or Absent	Flat	Flat	Flat	5.06%
Jun 26	A	Weak or Absent	Flat	Flat	Flat	5.12%
Jun 23	A	Weak or Absent	Flat	Flat	Flat	5.06%
Jun 22	C	Weak or Absent	Flat	Flat	Flat	5.24%
Jun 21	A	Weak or Absent	Flat	Flat	Flat	5.06%