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
Aug 14	A	Weak or Absent	Flat	Flat	Flat	5.16%
Aug 11	A	Weak or Absent	Flat	Flat	Flat	5.10%
Aug 10	A	Weak or Absent	Flat	Flat	Flat	5.10%
Aug 9	A	Weak or Absent	Flat	Flat	Flat	5.03%
Aug 8	B	Weak or Absent	Flat	Flat	Flat	5.22%
Aug 7	C	Weak or Absent	Flat	Flat	Flat	5.35%
Aug 4	B	Weak or Absent	Flat	Flat	Flat	5.28%
Aug 3	C	Weak or Absent	Flat	Flat	Down	5.47%
Aug 2	A	Weak or Absent	Flat	Flat	Flat	5.03%
Aug 1	A	Weak or Absent	Flat	Flat	Flat	5.10%