Trend Table for PGX - PowerShares Preferred Portfolio

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 3	D	Weak or Absent	Down	Down	Down	15.02%
Aug 2	D	Weak or Absent	Down	Flat	Down	14.10%
Aug 1	C	Weak or Absent	Flat	Up	Flat	13.10%
Jul 31	C	Weak or Absent	Flat	Up	Up	12.50%
Jul 28	D	Weak or Absent	Down	Up	Flat	13.60%
Jul 27	D	Weak or Absent	Down	Up	Flat	13.90%
Jul 26	B	Weak or Absent	Flat	Up	Up	12.50%
Jul 25	D	Weak or Absent	Flat	Up	Flat	13.40%
Jul 24	D	Weak or Absent	Down	Up	Flat	13.60%
Jul 21	D	Weak or Absent	Down	Up	Flat	13.91%