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
Jun 27	A	Weak or Absent	Flat	Flat	Flat	5.16%
Jun 26	A	Weak or Absent	Flat	Flat	Flat	5.22%
Jun 23	A	Weak or Absent	Flat	Flat	Flat	5.16%
Jun 22	C	Weak or Absent	Flat	Flat	Flat	5.35%
Jun 21	A	Weak or Absent	Flat	Flat	Flat	5.16%
Jun 20	D	Weak or Absent	Flat	Flat	Flat	5.28%
Jun 16	D	Weak or Absent	Flat	Flat	Flat	5.28%
Jun 15	D	Weak or Absent	Flat	Flat	Flat	5.41%
Jun 14	D	Weak or Absent	Flat	Flat	Flat	5.47%
Jun 13	D	Weak or Absent	Flat	Flat	Flat	5.41%