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 9	B	Weak or Absent	Down	Up	Up	-38.22%
May 8	C	Weak or Absent	Down	Up	Up	-37.74%
May 5	C	Weak or Absent	Down	Up	Up	-35.29%
May 4	C	Weak or Absent	Down	Down	Down	-33.24%
May 3	D	Weak or Absent	Down	Down	Down	-31.95%
May 2	C	Weak or Absent	Down	Down	Down	-32.37%
May 1	D	Weak or Absent	Down	Down	Down	-33.24%
Apr 28	C	Weak or Absent	Down	Up	Down	-35.51%
Apr 27	C	Weak or Absent	Down	Up	Down	-35.06%
Apr 26	C	Weak or Absent	Down	Up	Down	-36.01%