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 5	C	Strong	Up	Flat	Down	0.31%
Nov 4	B	Strong	Up	Flat	Down	0.10%
Nov 1	B	Strong	Up	Flat	Down	-0.16%
Oct 31	B	Strong	Up	Up	Down	-0.31%
Oct 30	A	Strong	Up	Up	Flat	-1.10%
Oct 29	A	Strong	Up	Up	Flat	-1.70%
Oct 28	A	Strong	Up	Up	Flat	-1.65%
Oct 25	A	Strong	Up	Up	Flat	-1.79%
Oct 24	A	Strong	Up	Up	Flat	-1.72%
Oct 23	B	Strong	Up	Up	Down	-0.17%