Trend Table for PGX - PowerShares Preferred Portfolio

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 31	C	Weak or Absent	Up	Flat	Down	5.04%
Jul 30	C	Weak or Absent	Up	Flat	Flat	4.68%
Jul 29	B	Weak or Absent	Up	Flat	Down	4.86%
Jul 26	B	Weak or Absent	Up	Up	Flat	4.50%
Jul 25	B	Weak or Absent	Up	Flat	Down	4.95%
Jul 24	C	Weak or Absent	Up	Flat	Down	5.31%
Jul 23	B	Weak or Absent	Up	Up	Down	4.41%
Jul 22	B	Weak or Absent	Up	Up	Flat	3.97%
Jul 19	A	Weak or Absent	Up	Up	Flat	3.53%
Jul 18	A	Weak or Absent	Up	Up	Flat	3.61%