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 11	B	Strong	Up	Up	Up	-0.52%
Oct 10	A	Strong	Up	Up	Up	-0.47%
Oct 9	A	Strong	Up	Up	Up	-0.70%
Oct 8	B	Strong	Up	Up	Up	-0.10%
Oct 7	B	Strong	Up	Up	Flat	0.79%
Oct 4	B	Strong	Up	Up	Flat	0.71%
Oct 3	B	Strong	Up	Up	Flat	1.06%
Oct 2	C	Strong	Up	Up	Flat	1.51%
Oct 1	C	Strong	Up	Up	Flat	1.48%
Sep 30	B	Strong	Up	Up	Up	0.24%