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
Dec 13	A	Weak or Absent	Up	Up	Up	19.19%
Dec 12	A	Weak or Absent	Up	Up	Up	20.69%
Dec 11	A	Weak or Absent	Up	Up	Up	20.94%
Dec 8	A	Weak or Absent	Up	Up	Flat	22.35%
Dec 7	A	Weak or Absent	Up	Up	Up	21.51%
Dec 6	A	Weak or Absent	Up	Up	Flat	21.77%
Dec 5	A	Weak or Absent	Up	Up	Flat	22.56%
Dec 4	B	Weak or Absent	Up	Up	Down	23.10%
Dec 1	A	Weak or Absent	Up	Up	Flat	22.62%
Nov 30	A	Weak or Absent	Up	Up	Down	22.99%