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 13	D	Strong	Up	Down	Flat	2.83%
Sep 12	D	Strong	Up	Down	Flat	3.03%
Sep 11	D	Strong	Up	Down	Flat	3.16%
Sep 10	D	Strong	Up	Down	Down	4.56%
Sep 9	D	Strong	Up	Down	Down	3.96%
Sep 6	D	Strong	Up	Down	Down	4.18%
Sep 5	D	Strong	Up	Down	Down	3.46%
Sep 4	C	Strong	Up	Down	Down	2.99%
Sep 3	C	Strong	Up	Flat	Flat	2.14%
Aug 30	C	Strong	Up	Flat	Flat	2.08%