Trend Table for SMB - Market Vectors Short Municipal Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 24	B	Strong	Up	Up	Flat	1.33%
Jul 23	B	Strong	Up	Up	Flat	1.18%
Jul 22	B	Strong	Up	Up	Flat	1.32%
Jul 19	A	Strong	Up	Up	Flat	1.24%
Jul 18	B	Strong	Up	Up	Flat	1.27%
Jul 17	B	Strong	Up	Up	Flat	1.27%
Jul 16	B	Strong	Up	Up	Flat	1.36%
Jul 15	B	Strong	Up	Up	Flat	1.45%
Jul 12	B	Strong	Up	Up	Flat	1.36%
Jul 11	B	Strong	Up	Up	Flat	1.36%