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
Oct 27	D	Strong	Down	Down	Down	26.02%
Oct 26	D	Strong	Down	Down	Down	26.06%
Oct 25	D	Strong	Down	Down	Down	25.62%
Oct 24	D	Strong	Down	Down	Down	25.98%
Oct 23	D	Strong	Down	Down	Down	26.30%
Oct 20	C	Strong	Down	Down	Down	25.44%
Oct 19	B	Strong	Down	Down	Flat	24.11%
Oct 18	B	Strong	Down	Down	Up	23.74%
Oct 17	C	Strong	Down	Down	Up	23.22%
Oct 16	C	Strong	Down	Down	Up	23.53%