Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 17	A	Strong	Up	Up	Up	7.44%
Jul 16	A	Strong	Up	Up	Up	7.53%
Jul 15	A	Strong	Up	Up	Up	8.96%
Jul 12	B	Strong	Up	Up	Up	9.27%
Jul 11	A	Strong	Up	Up	Up	9.90%
Jul 10	A	Weak or Absent	Up	Up	Up	10.41%
Jul 9	A	Weak or Absent	Up	Up	Flat	11.41%
Jul 8	A	Weak or Absent	Up	Up	Flat	11.23%
Jul 5	A	Weak or Absent	Up	Up	Flat	11.31%
Jul 3	A	Weak or Absent	Up	Up	Flat	11.57%