Trend Table for QUAL - Market Vectors MSCI World Ex Australia Quality ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 9	B	Weak or Absent	Up	Flat	Up	4.79%
May 8	B	Weak or Absent	Up	Flat	Up	4.75%
May 7	C	Weak or Absent	Up	Flat	Up	5.47%
May 6	C	Weak or Absent	Up	Down	Flat	6.95%
May 3	C	Weak or Absent	Up	Down	Down	7.48%
May 2	C	Weak or Absent	Up	Down	Down	7.26%
May 1	C	Weak or Absent	Up	Down	Down	6.77%
Apr 30	C	Weak or Absent	Up	Down	Flat	5.63%
Apr 29	C	Weak or Absent	Up	Down	Flat	6.13%
Apr 26	C	Strong	Up	Down	Flat	6.15%