Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	B	Weak or Absent	Up	Up	Flat	28.37%
May 12	B	Weak or Absent	Up	Up	Flat	28.54%
May 11	B	Weak or Absent	Up	Up	Down	28.58%
May 10	B	Weak or Absent	Up	Up	Flat	28.09%
May 9	B	Weak or Absent	Up	Up	Flat	28.40%
May 8	A	Weak or Absent	Up	Up	Flat	27.88%
May 5	A	Weak or Absent	Up	Up	Flat	27.57%
May 4	B	Weak or Absent	Up	Flat	Down	29.71%
May 3	B	Weak or Absent	Up	Up	Down	28.75%
May 2	B	Weak or Absent	Up	Up	Flat	27.74%