Trend Table for PHB - PowerShares High Yield Corporate Bond Portfolio

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 16	B	Weak or Absent	Flat	Up	Flat	15.04%
Dec 15	A	Weak or Absent	Flat	Up	Flat	14.71%
Dec 14	A	Weak or Absent	Flat	Up	Up	14.39%
Dec 13	A	Weak or Absent	Up	Up	Up	13.99%
Dec 12	B	Weak or Absent	Flat	Up	Flat	14.98%
Dec 9	B	Weak or Absent	Down	Up	Flat	15.38%
Dec 8	B	Weak or Absent	Flat	Up	Flat	15.24%
Dec 7	B	Weak or Absent	Down	Up	Flat	15.31%
Dec 6	C	Weak or Absent	Down	Up	Flat	15.98%
Dec 5	B	Weak or Absent	Down	Up	Flat	15.51%