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 21	B	Weak or Absent	Up	Up	Up	3.83%
May 20	B	Weak or Absent	Up	Up	Up	3.69%
May 17	B	Weak or Absent	Up	Up	Up	5.82%
May 16	B	Weak or Absent	Up	Up	Up	4.94%
May 15	B	Weak or Absent	Up	Up	Up	4.17%
May 14	C	Weak or Absent	Up	Up	Up	7.30%
May 13	C	Weak or Absent	Up	Up	Up	9.14%
May 10	C	Weak or Absent	Up	Up	Up	9.12%
May 9	C	Weak or Absent	Up	Flat	Up	10.76%
May 8	C	Weak or Absent	Up	Up	Up	10.05%