Trend Table for HDG - ProShares Hedge Replication ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 19	A	Weak or Absent	Up	Up	Up	0.98%
Aug 16	A	Weak or Absent	Up	Up	Up	1.20%
Aug 15	A	Weak or Absent	Up	Flat	Up	1.43%
Aug 14	A	Weak or Absent	Up	Flat	Flat	1.87%
Aug 13	A	Strong	Up	Flat	Flat	1.72%
Aug 12	B	Strong	Up	Flat	Flat	2.06%
Aug 9	B	Strong	Up	Flat	Flat	2.02%
Aug 8	B	Strong	Up	Flat	Down	2.01%
Aug 7	B	Strong	Up	Flat	Down	2.40%
Aug 6	B	Strong	Up	Flat	Down	2.31%