Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 12	A	Weak or Absent	Up	Up	Up	23.10%
Jul 11	A	Weak or Absent	Up	Up	Flat	23.62%
Jul 10	A	Weak or Absent	Up	Up	Flat	24.34%
Jul 7	A	Weak or Absent	Up	Up	Flat	25.07%
Jul 6	A	Weak or Absent	Up	Up	Flat	24.47%
Jul 5	A	Strong	Up	Up	Up	23.55%
Jul 3	A	Weak or Absent	Up	Up	Up	22.91%
Jun 30	A	Weak or Absent	Up	Up	Up	23.04%
Jun 29	A	Weak or Absent	Up	Up	Up	24.24%
Jun 28	A	Weak or Absent	Up	Up	Flat	25.30%