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
Apr 28	B	Strong	Flat	Flat	Flat	5.26%
Apr 27	A	Strong	Flat	Flat	Flat	5.20%
Apr 26	A	Strong	Flat	Flat	Flat	5.20%
Apr 24	A	Strong	Flat	Flat	Down	5.20%
Apr 21	B	Strong	Flat	Flat	Down	5.32%
Apr 19	A	Strong	Flat	Flat	Down	5.14%
Apr 18	A	Strong	Flat	Flat	Flat	4.89%
Apr 17	A	Strong	Up	Up	Flat	4.46%
Apr 14	A	Strong	Up	Up	Flat	4.46%
Apr 13	A	Strong	Up	Up	Flat	4.27%