Trend Table for PALL - ETFS Physical Palladium Shares

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	C	Weak or Absent	Up	Down	Up	1.33%
Nov 19	C	Weak or Absent	Up	Down	Up	-0.48%
Nov 18	C	Weak or Absent	Up	Down	Up	2.25%
Nov 15	F	Weak or Absent	Down	Down	Down	8.17%
Nov 14	F	Weak or Absent	Down	Down	Down	9.10%
Nov 13	F	Weak or Absent	Down	Down	Down	10.43%
Nov 12	D	Weak or Absent	Down	Down	Down	8.96%
Nov 11	D	Weak or Absent	Flat	Down	Down	4.73%
Nov 8	D	Weak or Absent	Flat	Down	Down	3.96%
Nov 7	D	Weak or Absent	Up	Down	Down	0.53%