Trend Table for EUM - ProShares Short MSCI Emerging Markets

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	F	Strong	Down	Down	Flat	-7.15%
May 21	F	Strong	Down	Down	Flat	-6.90%
May 20	F	Strong	Down	Down	Down	-6.27%
May 17	F	Strong	Down	Down	Down	-5.88%
May 16	F	Strong	Down	Down	Down	-6.34%
May 15	F	Weak or Absent	Down	Down	Down	-6.48%
May 14	F	Weak or Absent	Down	Down	Down	-7.39%
May 13	F	Weak or Absent	Down	Down	Down	-7.90%
May 10	F	Weak or Absent	Down	Down	Down	-8.55%
May 9	F	Weak or Absent	Down	Down	Down	-8.75%