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
Jan 25	A	Strong	Up	Up	Flat	5.63%
Jan 24	A	Strong	Up	Up	Flat	6.22%
Jan 23	A	Strong	Up	Up	Flat	6.10%
Jan 22	A	Strong	Up	Up	Flat	6.10%
Jan 19	A	Strong	Up	Up	Flat	6.29%
Jan 18	A	Strong	Up	Up	Flat	6.29%
Jan 17	A	Strong	Up	Up	Flat	6.23%
Jan 16	A	Strong	Up	Up	Flat	5.88%
Jan 12	A	Strong	Up	Up	Up	5.47%
Jan 11	A	Strong	Up	Up	Flat	5.71%