Trend Table for PPA - PowerShares Aerospace & Defense

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	B	Weak or Absent	Up	Up	Flat	34.34%
Jan 24	A	Weak or Absent	Up	Up	Flat	34.00%
Jan 23	A	Weak or Absent	Up	Up	Up	33.65%
Jan 22	A	Strong	Up	Up	Up	33.21%
Jan 19	A	Strong	Up	Up	Up	34.02%
Jan 18	A	Strong	Up	Up	Flat	34.46%
Jan 17	B	Strong	Up	Up	Down	36.33%
Jan 16	B	Strong	Up	Up	Down	35.75%
Jan 12	A	Strong	Up	Up	Flat	33.62%
Jan 11	B	Strong	Up	Up	Down	34.73%