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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 16	B	Strong	Up	Down	Down	0.00%
Apr 15	B	Strong	Up	Down	Down	-0.47%
Apr 12	B	Strong	Up	Flat	Down	-1.00%
Apr 11	A	Strong	Up	Up	Flat	-2.28%
Apr 10	A	Strong	Up	Up	Down	-1.66%
Apr 9	B	Strong	Up	Up	Flat	-2.26%
Apr 8	B	Strong	Up	Up	Flat	-2.07%
Apr 5	A	Strong	Up	Up	Flat	-2.53%
Apr 4	B	Strong	Up	Up	Down	-1.47%
Apr 3	A	Strong	Up	Up	Flat	-2.61%