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
Aug 1	A	Strong	Up	Up	Flat	2.09%
Jul 31	A	Strong	Up	Up	Flat	2.09%
Jul 30	A	Strong	Up	Up	Flat	2.43%
Jul 29	A	Strong	Up	Up	Flat	2.43%
Jul 26	A	Strong	Up	Up	Flat	2.37%
Jul 25	A	Strong	Up	Up	Flat	2.60%
Jul 24	A	Strong	Up	Up	Flat	2.48%
Jul 23	A	Strong	Up	Up	Flat	2.26%
Jul 22	A	Strong	Up	Up	Flat	2.31%
Jul 19	A	Strong	Up	Up	Flat	2.66%