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 12	C	Weak or Absent	Flat	Flat	Flat	5.35%
Jun 9	C	Weak or Absent	Flat	Flat	Flat	5.60%
Jun 8	C	Weak or Absent	Flat	Flat	Flat	5.53%
Jun 7	C	Weak or Absent	Flat	Flat	Flat	5.60%
Jun 6	C	Weak or Absent	Flat	Flat	Flat	5.53%
Jun 5	D	Weak or Absent	Flat	Flat	Flat	5.60%
Jun 2	F	Weak or Absent	Flat	Down	Flat	5.79%
Jun 1	F	Strong	Flat	Flat	Flat	5.66%
May 31	D	Strong	Flat	Down	Flat	5.69%
May 30	F	Strong	Flat	Down	Flat	5.75%