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 1	A	Strong	Up	Up	Flat	0.94%
Jul 31	B	Strong	Up	Up	Flat	1.10%
Jul 30	B	Strong	Up	Up	Flat	1.19%
Jul 29	B	Strong	Up	Up	Flat	1.13%
Jul 26	B	Strong	Up	Up	Flat	1.25%
Jul 25	A	Strong	Up	Up	Flat	1.19%
Jul 24	B	Strong	Up	Up	Flat	1.34%
Jul 23	B	Strong	Up	Up	Flat	1.19%
Jul 22	B	Strong	Up	Up	Flat	1.33%
Jul 19	A	Strong	Up	Up	Flat	1.25%