Trend Table for PALL - ETFS Physical Palladium Shares

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 30	F	Weak or Absent	Down	Down	Down	-32.53%
May 26	F	Weak or Absent	Down	Down	Down	-33.42%
May 25	F	Weak or Absent	Down	Down	Down	-33.01%
May 24	F	Weak or Absent	Down	Down	Down	-33.23%
May 23	D	Weak or Absent	Down	Down	Down	-34.87%
May 22	C	Weak or Absent	Down	Flat	Down	-36.39%
May 19	C	Weak or Absent	Down	Up	Down	-37.08%
May 18	D	Weak or Absent	Down	Down	Down	-35.68%
May 17	C	Weak or Absent	Down	Up	Down	-36.48%
May 16	C	Weak or Absent	Down	Up	Down	-36.62%