Trend Table for VTEC - Vanguard California Tax-Exempt Bond ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	D	Weak or Absent	N/A	N/A	Flat	2.48%
May 17	D	Weak or Absent	N/A	N/A	Flat	2.35%
May 16	C	Weak or Absent	N/A	N/A	Flat	2.13%
May 15	C	Weak or Absent	N/A	N/A	Flat	2.12%
May 14	C	Weak or Absent	N/A	N/A	Flat	2.17%
May 13	C	Weak or Absent	N/A	N/A	Flat	2.22%
May 10	C	Weak or Absent	N/A	N/A	Flat	2.19%
May 9	C	Weak or Absent	N/A	N/A	Up	2.17%
May 8	B	Weak or Absent	N/A	N/A	Up	2.16%
May 7	B	Weak or Absent	N/A	N/A	Up	2.22%