Trend Table for PHDG - PowerShares S&P 500 Downside Hedged Portfolio

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 19	C	Weak or Absent	Up	Flat	Flat	0.00%
Nov 18	C	Weak or Absent	Up	Down	Flat	0.60%
Nov 15	C	Weak or Absent	Up	Down	Flat	0.56%
Nov 14	C	Weak or Absent	Up	Flat	Flat	-0.25%
Nov 13	C	Weak or Absent	Up	Up	Up	-0.46%
Nov 12	C	Strong	Up	Flat	Down	0.49%
Nov 11	C	Strong	Up	Flat	Flat	0.15%
Nov 8	B	Strong	Up	Up	Up	-0.92%
Nov 7	C	Strong	Up	Flat	Down	0.63%
Nov 6	C	Strong	Up	Down	Down	0.76%