Trend Table for SMH - Market Vectors Semiconductor ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 9	C	Weak or Absent	Up	Flat	Up	10.16%
May 8	C	Weak or Absent	Up	Up	Up	9.45%
May 7	C	Weak or Absent	Up	Up	Up	9.78%
May 6	C	Weak or Absent	Up	Up	Up	8.82%
May 3	D	Weak or Absent	Up	Flat	Up	11.29%
May 2	C	Weak or Absent	Up	Down	Up	14.29%
May 1	D	Weak or Absent	Up	Down	Down	16.58%
Apr 30	C	Weak or Absent	Up	Down	Up	13.19%
Apr 29	B	Weak or Absent	Up	Flat	Up	10.96%
Apr 26	B	Weak or Absent	Up	Flat	Up	11.34%