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 12	A	Weak or Absent	Flat	Flat	Flat	5.19%
May 11	A	Weak or Absent	Flat	Flat	Flat	5.06%
May 10	A	Weak or Absent	Flat	Flat	Flat	5.00%
May 9	A	Weak or Absent	Flat	Flat	Flat	5.13%
May 8	A	Weak or Absent	Flat	Flat	Flat	5.13%
May 5	A	Weak or Absent	Flat	Flat	Flat	5.00%
May 4	A	Weak or Absent	Flat	Flat	Flat	5.00%
May 3	A	Weak or Absent	Flat	Flat	Flat	5.13%
May 2	A	Strong	Flat	Flat	Flat	5.13%
May 1	C	Strong	Flat	Flat	Flat	5.44%