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
Dec 15	B	Strong	Flat	Up	Flat	5.16%
Dec 14	B	Strong	Flat	Up	Flat	5.16%
Dec 13	B	Strong	Flat	Up	Flat	5.10%
Dec 12	D	Strong	Down	Up	Flat	5.63%
Dec 9	D	Strong	Down	Up	Flat	5.60%
Dec 8	B	Strong	Flat	Up	Flat	5.20%
Dec 7	B	Strong	Flat	Up	Up	5.10%
Dec 6	B	Strong	Flat	Up	Flat	5.29%
Dec 5	D	Strong	Flat	Up	Flat	5.41%
Dec 2	D	Strong	Down	Up	Flat	5.48%