Trend Table for PHB - PowerShares High Yield Corporate Bond Portfolio

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	A	Strong	Up	Up	Flat	2.60%
Jul 17	A	Strong	Up	Up	Up	2.37%
Jul 16	A	Strong	Up	Up	Up	2.21%
Jul 15	A	Strong	Up	Up	Up	2.66%
Jul 12	A	Strong	Up	Up	Up	2.54%
Jul 11	A	Strong	Up	Up	Up	2.82%
Jul 10	A	Weak or Absent	Up	Up	Flat	3.22%
Jul 9	A	Weak or Absent	Up	Up	Flat	3.39%
Jul 8	A	Weak or Absent	Up	Up	Flat	3.34%
Jul 5	A	Weak or Absent	Up	Up	Flat	3.28%