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
May 26	F	Strong	Flat	Down	Flat	5.88%
May 25	F	Strong	Flat	Down	Flat	6.01%
May 24	F	Weak or Absent	Down	Down	Down	6.13%
May 23	F	Weak or Absent	Flat	Down	Down	6.01%
May 22	F	Weak or Absent	Flat	Down	Flat	5.69%
May 19	F	Weak or Absent	Flat	Down	Down	5.94%
May 18	F	Weak or Absent	Flat	Down	Flat	5.75%
May 17	C	Weak or Absent	Flat	Flat	Flat	5.44%
May 16	B	Weak or Absent	Flat	Flat	Flat	5.31%
May 15	C	Weak or Absent	Flat	Flat	Flat	5.25%