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
Jan 3	A	Extremely Strong	Up	Up	Flat	1.95%
Jan 2	B	Extremely Strong	Up	Up	Flat	2.04%
Dec 29	B	Extremely Strong	Up	Up	Flat	1.87%
Dec 28	B	Extremely Strong	Up	Up	Flat	1.88%
Dec 27	B	Extremely Strong	Up	Up	Flat	1.90%
Dec 26	B	Very Strong	Up	Up	Flat	1.96%
Dec 22	B	Very Strong	Up	Up	Flat	2.01%
Dec 21	B	Very Strong	Up	Up	Flat	2.00%
Dec 20	B	Very Strong	N/A	Up	Flat	1.99%
Dec 19	B	Very Strong	N/A	Up	Flat	2.16%