Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 27	A	Weak or Absent	Up	Up	Flat	34.63%
Dec 23	A	Weak or Absent	Up	Up	Down	35.04%
Dec 22	A	Weak or Absent	Up	Up	Down	35.90%
Dec 21	A	Weak or Absent	Up	Up	Down	34.89%
Dec 20	A	Weak or Absent	Flat	Up	Down	36.57%
Dec 19	B	Weak or Absent	Flat	Up	Down	36.95%
Dec 16	A	Weak or Absent	Up	Up	Down	35.49%
Dec 15	A	Weak or Absent	Up	Up	Down	34.16%
Dec 14	A	Weak or Absent	Up	Up	Flat	31.44%
Dec 13	A	Weak or Absent	Up	Up	Up	30.85%