Trend Table for PXF - PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 20	A	Weak or Absent	Up	Up	Up	9.96%
Jul 19	A	Weak or Absent	Up	Up	Up	9.80%
Jul 18	A	Weak or Absent	Up	Up	Up	9.94%
Jul 17	A	Weak or Absent	Up	Up	Up	10.78%
Jul 14	A	Weak or Absent	Up	Up	Up	10.68%
Jul 13	A	Weak or Absent	Up	Up	Up	9.87%
Jul 12	A	Weak or Absent	Up	Up	Up	11.46%
Jul 11	A	Weak or Absent	Up	Up	Flat	13.70%
Jul 10	B	Weak or Absent	Up	Flat	Flat	14.78%
Jul 7	C	Weak or Absent	Up	Flat	Flat	14.93%