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
Oct 22	A	Strong	Up	Up	Flat	-1.87%
Oct 21	B	Strong	Up	Up	Flat	-1.26%
Oct 18	B	Strong	Up	Up	Flat	-1.56%
Oct 17	B	Strong	Up	Up	Flat	-1.56%
Oct 16	B	Strong	Up	Up	Up	-1.86%
Oct 15	A	Strong	Up	Up	Up	-1.64%
Oct 14	B	Strong	Up	Up	Up	-1.61%
Oct 11	B	Strong	Up	Up	Up	-1.34%
Oct 10	A	Strong	Up	Up	Up	-1.28%
Oct 9	A	Strong	Up	Up	Up	-1.51%