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 17	A	Weak or Absent	Up	Up	Flat	3.18%
May 16	A	Weak or Absent	Up	Up	Flat	3.15%
May 15	A	Weak or Absent	Up	Up	Flat	3.30%
May 14	A	Weak or Absent	Up	Up	Flat	3.38%
May 13	A	Weak or Absent	Up	Up	Flat	3.80%
May 10	A	Weak or Absent	Up	Up	Flat	3.85%
May 9	A	Weak or Absent	Up	Up	Up	3.46%
May 8	A	Weak or Absent	Up	Up	Flat	3.97%
May 7	A	Weak or Absent	Up	Up	Up	3.67%
May 6	A	Weak or Absent	Up	Up	Up	3.82%