Trend Table for PFM - PowerShares Dividend Achievers

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 20	A	Weak or Absent	Flat	Up	Down	31.14%
Dec 19	B	Weak or Absent	Flat	Up	Down	31.51%
Dec 16	A	Weak or Absent	Up	Up	Down	30.10%
Dec 15	A	Weak or Absent	Up	Up	Down	28.83%
Dec 14	A	Weak or Absent	Up	Up	Flat	26.22%
Dec 13	A	Weak or Absent	Up	Up	Up	25.65%
Dec 12	A	Weak or Absent	Up	Up	Flat	26.22%
Dec 9	A	Weak or Absent	Up	Up	Down	27.99%
Dec 8	A	Weak or Absent	Up	Up	Flat	27.10%
Dec 7	A	Strong	Up	Up	Down	27.89%