Trend Table for EUM - ProShares Short MSCI Emerging Markets

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 31	F	Weak or Absent	Down	Flat	Down	0.60%
Jul 30	C	Weak or Absent	Down	Up	Up	-1.71%
Jul 29	C	Weak or Absent	Down	Up	Up	-1.17%
Jul 26	C	Weak or Absent	Down	Up	Up	-0.85%
Jul 25	D	Weak or Absent	Down	Up	Up	-1.71%
Jul 24	D	Weak or Absent	Down	Up	Up	-1.42%
Jul 23	F	Weak or Absent	Down	Up	Up	0.04%
Jul 22	F	Weak or Absent	Down	Flat	Up	0.98%
Jul 19	F	Weak or Absent	Down	Up	Up	0.19%
Jul 18	F	Weak or Absent	Down	Flat	Up	1.21%