Trend Table for PALL - ETFS Physical Palladium Shares

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	F	Weak or Absent	Down	Down	Up	2.22%
May 3	F	Weak or Absent	Down	Down	Down	5.45%
May 2	F	Weak or Absent	Down	Down	Down	6.69%
May 1	F	Weak or Absent	Down	Down	Down	5.31%
Apr 30	F	Weak or Absent	Down	Down	Down	4.67%
Apr 29	F	Weak or Absent	Down	Down	Down	2.15%
Apr 26	D	Weak or Absent	Down	Down	Down	4.42%
Apr 25	D	Weak or Absent	Down	Down	Down	1.78%
Apr 24	D	Weak or Absent	Down	Flat	Down	-0.26%
Apr 23	C	Weak or Absent	Down	Up	Down	-1.90%