Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	B	Weak or Absent	Up	Up	Up	10.23%
May 9	B	Weak or Absent	Up	Up	Up	10.68%
May 8	B	Weak or Absent	Up	Up	Up	11.47%
May 7	C	Weak or Absent	Up	Up	Up	11.66%
May 6	C	Weak or Absent	Up	Flat	Up	12.17%
May 3	C	Weak or Absent	Up	Flat	Up	12.89%
May 2	D	Weak or Absent	Up	Down	Flat	13.94%
May 1	C	Weak or Absent	Up	Down	Down	14.53%
Apr 30	C	Weak or Absent	Up	Down	Flat	14.22%
Apr 29	C	Weak or Absent	Up	Flat	Up	12.84%