Trend Table for PALL - ETFS Physical Palladium Shares

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 23	F	Weak or Absent	Down	Down	Down	13.40%
Jul 22	F	Weak or Absent	Down	Down	Down	15.46%
Jul 19	D	Weak or Absent	Down	Down	Down	15.21%
Jul 18	D	Weak or Absent	Down	Down	Down	13.58%
Jul 17	F	Weak or Absent	Down	Flat	Down	10.08%
Jul 16	D	Weak or Absent	Down	Flat	Down	9.35%
Jul 15	D	Weak or Absent	Down	Down	Down	10.88%
Jul 12	D	Weak or Absent	Down	Up	Down	8.47%
Jul 11	D	Weak or Absent	Down	Up	Flat	5.66%
Jul 10	C	Weak or Absent	Down	Up	Flat	6.28%