Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 20	C	Weak or Absent	Up	Flat	Down	28.76%
Jan 19	C	Weak or Absent	Up	Down	Down	30.42%
Jan 18	C	Weak or Absent	Up	Down	Down	29.39%
Jan 17	A	Weak or Absent	Up	Up	Up	26.96%
Jan 13	A	Weak or Absent	Up	Up	Up	26.29%
Jan 12	A	Weak or Absent	Up	Up	Up	26.46%
Jan 11	A	Weak or Absent	Up	Up	Up	26.69%
Jan 10	B	Weak or Absent	Up	Up	Up	27.73%
Jan 9	B	Weak or Absent	Up	Up	Up	28.30%
Jan 6	B	Weak or Absent	Up	Up	Up	27.68%