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
Jan 17	A	Weak or Absent	Flat	Up	Flat	4.99%
Jan 13	A	Weak or Absent	Flat	Up	Flat	4.92%
Jan 12	A	Weak or Absent	Up	Up	Flat	4.79%
Jan 11	A	Weak or Absent	Flat	Up	Flat	4.89%
Jan 10	A	Weak or Absent	Flat	Up	Flat	5.13%
Jan 9	A	Weak or Absent	Flat	Up	Flat	5.16%
Jan 6	A	Weak or Absent	Flat	Up	Flat	5.06%
Jan 5	B	Weak or Absent	Flat	Up	Flat	5.29%
Jan 4	A	Weak or Absent	Flat	Up	Flat	5.23%
Jan 3	C	Weak or Absent	Flat	Up	Flat	5.54%