Trend Table for SMB - Market Vectors Short Municipal Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 19	F	Weak or Absent	Flat	Down	Down	5.84%
May 18	F	Weak or Absent	Flat	Down	Flat	5.65%
May 17	C	Weak or Absent	Flat	Flat	Flat	5.34%
May 16	B	Weak or Absent	Flat	Flat	Flat	5.21%
May 15	C	Weak or Absent	Flat	Flat	Flat	5.15%
May 12	A	Weak or Absent	Flat	Flat	Flat	5.09%
May 11	A	Weak or Absent	Flat	Flat	Flat	4.96%
May 10	A	Weak or Absent	Flat	Flat	Flat	4.90%
May 9	A	Weak or Absent	Flat	Flat	Flat	5.02%
May 8	A	Weak or Absent	Flat	Flat	Flat	5.02%