Trend Table for HDG - ProShares Hedge Replication ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 9	A	Weak or Absent	Up	Up	Up	2.09%
May 8	A	Weak or Absent	Up	Up	Flat	2.59%
May 7	A	Weak or Absent	Up	Up	Up	2.30%
May 6	A	Weak or Absent	Up	Up	Up	2.44%
May 3	A	Weak or Absent	Up	Up	Up	2.55%
May 2	A	Weak or Absent	Up	Up	Up	2.78%
May 1	A	Weak or Absent	Up	Flat	Flat	3.30%
Apr 30	A	Weak or Absent	Up	Flat	Flat	3.45%
Apr 29	A	Weak or Absent	Up	Flat	Up	3.08%
Apr 26	A	Weak or Absent	Up	Flat	Flat	3.24%