Trend Table for BIS - ProShares UltraShort Nasdaq Biotechnology

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 26	F	Strong	Down	Down	Down	-6.19%
Dec 22	F	Strong	Down	Down	Down	-8.34%
Dec 21	F	Strong	Down	Down	Down	-12.64%
Dec 20	F	Strong	Down	Down	Flat	-15.52%
Dec 19	F	Strong	Down	Down	Down	-10.57%
Dec 18	F	Strong	Down	Down	Down	-13.17%
Dec 15	F	Strong	Down	Down	Down	-11.93%
Dec 14	F	Weak or Absent	Down	Down	Down	-10.84%
Dec 13	F	Weak or Absent	Down	Down	Down	-11.86%
Dec 12	D	Weak or Absent	Flat	Down	Down	-18.90%