Trend Table for HDG - ProShares Hedge Replication ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 13	A	Weak or Absent	Up	Flat	Flat	5.63%
Feb 12	A	Weak or Absent	Up	Up	Up	4.46%
Feb 9	A	Weak or Absent	Up	Up	Flat	5.25%
Feb 8	A	Weak or Absent	Up	Flat	Flat	5.46%
Feb 7	A	Weak or Absent	Up	Flat	Flat	5.50%
Feb 6	B	Strong	Up	Flat	Flat	5.72%
Feb 5	A	Strong	Up	Flat	Flat	5.82%
Feb 2	B	Strong	Up	Flat	Flat	5.81%
Feb 1	A	Strong	Up	Up	Flat	5.61%
Jan 31	A	Strong	Up	Up	Flat	5.58%