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
Jul 11	C	Weak or Absent	Flat	Flat	Flat	5.23%
Jul 10	A	Weak or Absent	Flat	Flat	Flat	5.17%
Jul 7	B	Weak or Absent	Flat	Flat	Flat	5.29%
Jul 6	B	Weak or Absent	Flat	Flat	Flat	5.23%
Jul 5	B	Weak or Absent	Flat	Flat	Flat	5.23%
Jul 3	A	Weak or Absent	Flat	Flat	Flat	5.17%
Jun 30	A	Weak or Absent	Flat	Flat	Flat	5.19%
Jun 29	B	Weak or Absent	Flat	Flat	Flat	5.25%
Jun 28	A	Weak or Absent	Up	Flat	Flat	5.07%
Jun 27	A	Weak or Absent	Flat	Flat	Flat	5.13%