Trend Table for PALL - ETFS Physical Palladium Shares

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 17	F	Strong	Down	Down	Down	2.40%
Jan 16	F	Strong	Down	Down	Down	0.58%
Jan 12	F	Weak or Absent	Down	Down	Down	-3.84%
Jan 11	F	Weak or Absent	Down	Down	Down	-5.10%
Jan 10	F	Weak or Absent	Down	Down	Down	-5.93%
Jan 9	F	Weak or Absent	Down	Down	Down	-3.79%
Jan 8	F	Weak or Absent	Down	Down	Down	-5.84%
Jan 5	F	Weak or Absent	Down	Down	Down	-8.53%
Jan 4	F	Weak or Absent	Down	Down	Down	-9.34%
Jan 3	F	Weak or Absent	Down	Flat	Down	-12.23%