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
Sep 29	F	Strong	Down	Down	Down	26.16%
Sep 28	F	Strong	Down	Down	Down	26.26%
Sep 27	F	Strong	Down	Down	Down	26.09%
Sep 26	F	Strong	Down	Down	Down	26.09%
Sep 25	F	Strong	Down	Down	Down	25.90%
Sep 22	F	Strong	Down	Down	Down	25.94%
Sep 21	F	Strong	Down	Down	Down	25.66%
Sep 20	D	Strong	Down	Down	Down	23.88%
Sep 19	D	Strong	Down	Down	Down	22.87%
Sep 18	D	Strong	Down	Down	Down	22.75%