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 5	D	Weak or Absent	Flat	Flat	Flat	5.50%
Jun 2	F	Weak or Absent	Flat	Down	Flat	5.68%
Jun 1	F	Strong	Flat	Flat	Flat	5.56%
May 31	D	Strong	Flat	Down	Flat	5.59%
May 30	F	Strong	Flat	Down	Flat	5.65%
May 26	F	Strong	Flat	Down	Flat	5.78%
May 25	F	Strong	Flat	Down	Flat	5.90%
May 24	F	Weak or Absent	Down	Down	Down	6.03%
May 23	F	Weak or Absent	Flat	Down	Down	5.90%
May 22	F	Weak or Absent	Flat	Down	Flat	5.59%