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
Feb 13	B	Weak or Absent	Up	Flat	Flat	4.58%
Feb 10	A	Weak or Absent	Up	Flat	Flat	4.64%
Feb 9	A	Weak or Absent	Up	Up	Flat	4.40%
Feb 8	B	Weak or Absent	Up	Flat	Flat	4.58%
Feb 7	B	Weak or Absent	Flat	Flat	Flat	4.83%
Feb 6	B	Weak or Absent	Up	Flat	Flat	4.64%
Feb 3	A	Weak or Absent	Up	Up	Flat	4.34%
Feb 2	A	Weak or Absent	Up	Up	Flat	4.03%
Feb 1	A	Weak or Absent	Up	Up	Flat	4.21%
Jan 31	A	Weak or Absent	Up	Up	Flat	4.34%