Trend Table for HDG - ProShares Hedge Replication ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 30	A	Strong	Up	Up	Up	5.17%
Jan 29	A	Strong	Up	Up	Up	4.91%
Jan 26	A	Strong	Up	Up	Flat	5.87%
Jan 25	A	Strong	Up	Up	Flat	5.62%
Jan 24	A	Strong	Up	Flat	Flat	6.09%
Jan 23	A	Strong	Up	Up	Flat	5.82%
Jan 22	B	Strong	Up	Flat	Flat	6.38%
Jan 19	A	Strong	Up	Flat	Flat	6.38%
Jan 18	A	Strong	Up	Flat	Flat	6.42%
Jan 17	A	Strong	Up	Flat	Down	6.52%