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
Jun 18	A	Weak or Absent	Up	Up	Up	2.60%
Jun 17	A	Weak or Absent	Up	Up	Up	2.79%
Jun 14	A	Weak or Absent	Up	Up	Up	3.89%
Jun 13	A	Weak or Absent	Up	Up	Up	3.76%
Jun 12	A	Weak or Absent	Up	Up	Up	3.95%
Jun 11	A	Weak or Absent	Up	Up	Up	4.91%
Jun 10	A	Weak or Absent	Up	Up	Up	5.22%
Jun 7	A	Weak or Absent	Up	Up	Up	5.41%
Jun 6	A	Weak or Absent	Up	Up	Up	5.56%
Jun 5	A	Weak or Absent	Up	Up	Up	5.42%