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 31	C	Strong	N/A	Down	Flat	4.91%
May 30	C	Strong	N/A	Down	Flat	5.02%
May 26	F	Strong	N/A	Down	Flat	5.28%
May 25	F	Strong	N/A	Down	Down	5.44%
May 24	F	Strong	N/A	Down	Down	5.41%
May 23	F	Weak or Absent	N/A	Down	Down	5.27%
May 22	F	Weak or Absent	N/A	Down	Down	5.26%
May 19	D	Weak or Absent	N/A	Down	Down	5.14%
May 18	D	Weak or Absent	N/A	Down	Down	4.92%
May 17	C	Weak or Absent	N/A	N/A	Flat	4.49%