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
Aug 15	A	Strong	Up	Up	Flat	0.71%
Aug 14	A	Strong	Up	Up	Flat	0.56%
Aug 13	A	Strong	Up	Up	Flat	0.62%
Aug 12	B	Strong	Up	Up	Flat	0.86%
Aug 9	A	Strong	Up	Up	Flat	0.74%
Aug 8	A	Strong	Up	Up	Flat	0.86%
Aug 7	A	Strong	Up	Up	Flat	0.62%
Aug 6	A	Strong	Up	Up	Flat	0.68%
Aug 5	A	Strong	Up	Up	Flat	0.68%
Aug 2	A	Strong	Up	Up	Up	0.50%