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
May 22	A	Weak or Absent	Up	Up	Flat	14.56%
May 19	A	Weak or Absent	Up	Up	Flat	14.63%
May 18	B	Weak or Absent	Up	Up	Down	15.27%
May 17	B	Weak or Absent	Up	Up	Flat	14.91%
May 16	A	Weak or Absent	Up	Up	Down	15.77%
May 15	A	Weak or Absent	Up	Up	Flat	14.35%
May 12	B	Weak or Absent	Up	Up	Down	15.35%
May 11	B	Weak or Absent	Up	Up	Flat	15.15%
May 10	A	Weak or Absent	Up	Up	Flat	14.38%
May 9	A	Weak or Absent	Up	Up	Up	14.03%