Vaneck Short Muni is slightly up on the day, it isn't making a very strong move but still up 0.06%. We'll see if it can keep moving up or not. SMB is near or at a moderate resistance line, it may make a reversal here or possibly punch through and keep moving up if the buying pressure is consistent. SMB hasn't had very clear momentum over the last 3 months in either direction. Which makes it a little harder to predict. But hasn't presented the buying pressure to make
me feel certain it can punch through.
If the price breaks through the resistance level it will probably move up to the $17.38 level where it may meet further resistance. If the price does in fact bounce off here, it might find nearest support down at the $17.22 level, hard to say where it will go from there though.
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