Trend Table for VTES - Vanguard Short-Term Tax Exempt Bond ETF

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 13	C	Strong	Up	Flat	Flat	2.22%
May 10	C	Weak or Absent	Up	Flat	Flat	2.22%
May 9	C	Strong	Up	Flat	Flat	2.14%
May 8	C	Weak or Absent	Up	Flat	Flat	2.20%
May 7	C	Weak or Absent	Up	Flat	Flat	2.21%
May 6	C	Weak or Absent	Up	Flat	Flat	2.36%
May 3	C	Weak or Absent	Up	Flat	Flat	2.42%
May 2	C	Strong	Up	Flat	Flat	2.54%
May 1	C	Strong	Up	Flat	Flat	2.56%
Apr 30	C	Strong	Up	Flat	Flat	2.57%