Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 19	C	Strong	Up	Down	Down	18.18%
Apr 18	C	Strong	Up	Down	Down	18.74%
Apr 17	C	Weak or Absent	Up	Down	Down	18.68%
Apr 16	B	Weak or Absent	Up	Down	Down	18.50%
Apr 15	B	Weak or Absent	Up	Down	Down	18.04%
Apr 12	C	Weak or Absent	Up	Down	Down	17.29%
Apr 11	B	Weak or Absent	Up	Flat	Down	15.79%
Apr 10	B	Weak or Absent	Up	Flat	Down	15.99%
Apr 9	B	Weak or Absent	Up	Up	Flat	14.38%
Apr 8	B	Weak or Absent	Up	Up	Flat	14.68%