Trend Table for PSR - PowerShares Active U.S. Real Estate Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 17	A	Weak or Absent	Up	Up	Up	6.92%
Jul 16	A	Weak or Absent	Up	Up	Up	7.60%
Jul 15	B	Weak or Absent	Up	Up	Up	8.90%
Jul 12	B	Weak or Absent	Up	Up	Up	9.30%
Jul 11	B	Weak or Absent	Up	Up	Up	10.34%
Jul 10	B	Weak or Absent	Up	Up	Up	13.64%
Jul 9	B	Weak or Absent	Up	Up	Up	14.54%
Jul 8	B	Weak or Absent	Up	Up	Up	14.55%
Jul 5	B	Weak or Absent	Up	Up	Up	14.77%
Jul 3	B	Weak or Absent	Up	Up	Flat	15.09%