Trend Table for SMB - Market Vectors Short Municipal Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 8	D	Strong	Down	Down	Flat	7.44%
Nov 7	D	Strong	Down	Down	Flat	7.51%
Nov 4	D	Strong	Down	Down	Flat	7.51%
Nov 3	D	Strong	Down	Down	Flat	7.51%
Nov 2	F	Strong	Down	Down	Flat	7.57%
Nov 1	F	Strong	Down	Down	Flat	7.70%
Oct 31	F	Strong	Down	Down	Flat	7.70%
Oct 28	F	Strong	Down	Down	Flat	7.57%
Oct 27	F	Strong	Down	Down	Flat	7.44%
Oct 26	F	Strong	Down	Down	Flat	7.25%