Trend Table for PHDG - PowerShares S&P 500 Downside Hedged Portfolio

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 22	C	Weak or Absent	Up	Flat	Up	0.00%
Nov 21	C	Weak or Absent	Up	Flat	Flat	0.39%
Nov 20	C	Weak or Absent	Up	Flat	Flat	0.74%
Nov 19	C	Weak or Absent	Up	Flat	Flat	0.83%
Nov 18	C	Weak or Absent	Up	Down	Flat	1.43%
Nov 15	C	Weak or Absent	Up	Down	Flat	1.39%
Nov 14	C	Weak or Absent	Up	Flat	Flat	0.58%
Nov 13	C	Weak or Absent	Up	Up	Up	0.36%
Nov 12	C	Strong	Up	Flat	Down	1.32%
Nov 11	C	Strong	Up	Flat	Flat	0.98%