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
Sep 20	B	Weak or Absent	Up	Flat	Down	25.70%
Sep 19	A	Weak or Absent	Up	Up	Down	24.98%
Sep 18	A	Weak or Absent	Up	Up	Down	25.12%
Sep 15	A	Strong	Up	Up	Flat	23.76%
Sep 14	A	Strong	Up	Up	Down	23.84%
Sep 13	A	Strong	Up	Up	Down	24.19%
Sep 12	A	Strong	Up	Up	Flat	23.47%
Sep 11	A	Strong	Up	Up	Down	23.79%
Sep 8	A	Strong	Up	Up	Flat	23.44%
Sep 7	A	Strong	Up	Up	Flat	22.86%