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
Mar 8	A	Strong	Up	Up	Up	6.60%
Mar 7	B	Strong	Up	Up	Up	6.37%
Mar 6	A	Strong	Up	Up	Flat	7.48%
Mar 5	A	Strong	Up	Up	Flat	7.87%
Mar 4	A	Strong	Up	Up	Up	7.24%
Mar 1	A	Strong	Up	Up	Up	7.23%
Feb 29	A	Strong	Up	Up	Up	7.87%
Feb 28	B	Strong	Up	Up	Flat	8.38%
Feb 27	B	Strong	Up	Up	Flat	8.53%
Feb 26	A	Strong	Up	Up	Up	8.05%