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 10	A	Strong	Up	Up	Flat	6.00%
Jan 9	A	Strong	Up	Up	Flat	6.18%
Jan 8	A	Strong	Up	Up	Flat	6.41%
Jan 5	A	Strong	Up	Up	Down	6.77%
Jan 4	A	Very Strong	Up	Up	Down	6.82%
Jan 3	A	Very Strong	Up	Up	Down	6.53%
Jan 2	A	Very Strong	Up	Up	Flat	6.23%
Dec 29	A	Very Strong	Up	Up	Flat	5.88%
Dec 28	A	Very Strong	Up	Up	Flat	5.76%
Dec 27	A	Very Strong	Up	Up	Up	5.42%