Trend Table for SMB - Market Vectors Short Municipal Index ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 25	B	Strong	Up	Flat	Flat	1.94%
Jun 24	B	Strong	Up	Flat	Flat	1.97%
Jun 21	B	Strong	Up	Flat	Flat	2.03%
Jun 20	B	Strong	Up	Flat	Flat	1.97%
Jun 18	B	Strong	Up	Flat	Flat	2.03%
Jun 17	B	Strong	Up	Flat	Flat	2.09%
Jun 14	A	Strong	Up	Flat	Flat	2.03%
Jun 13	B	Weak or Absent	Up	Flat	Flat	2.03%
Jun 12	B	Weak or Absent	Up	Flat	Flat	2.17%
Jun 11	C	Weak or Absent	Up	Flat	Flat	2.15%