Trend Table for SMB - Market Vectors Short Municipal Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 20	D	Weak or Absent	Flat	Flat	Flat	5.18%
Jun 16	D	Weak or Absent	Flat	Flat	Flat	5.18%
Jun 15	D	Weak or Absent	Flat	Flat	Flat	5.31%
Jun 14	D	Weak or Absent	Flat	Flat	Flat	5.37%
Jun 13	D	Weak or Absent	Flat	Flat	Flat	5.31%
Jun 12	C	Weak or Absent	Flat	Flat	Flat	5.24%
Jun 9	C	Weak or Absent	Flat	Flat	Flat	5.50%
Jun 8	C	Weak or Absent	Flat	Flat	Flat	5.43%
Jun 7	C	Weak or Absent	Flat	Flat	Flat	5.50%
Jun 6	C	Weak or Absent	Flat	Flat	Flat	5.43%