Trend Table for PALL - ETFS Physical Palladium Shares

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 2	F	Weak or Absent	Down	Down	Down	20.32%
Aug 1	F	Weak or Absent	Down	Down	Down	18.73%
Jul 31	F	Weak or Absent	Down	Down	Up	16.64%
Jul 30	F	Weak or Absent	Down	Down	Down	20.39%
Jul 29	F	Weak or Absent	Down	Down	Down	18.94%
Jul 26	F	Weak or Absent	Down	Down	Down	19.03%
Jul 25	F	Weak or Absent	Down	Down	Down	18.57%
Jul 24	F	Weak or Absent	Down	Down	Down	14.99%
Jul 23	F	Weak or Absent	Down	Down	Down	15.72%
Jul 22	F	Weak or Absent	Down	Down	Down	17.82%