Trend Table for QQQ - PowerShares QQQ Trust, Series 1

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	B	Weak or Absent	Up	Up	Up	9.52%
May 9	B	Weak or Absent	Up	Up	Up	9.77%
May 8	C	Weak or Absent	Up	Up	Up	10.01%
May 7	C	Weak or Absent	Up	Up	Up	9.95%
May 6	C	Weak or Absent	Up	Up	Up	9.97%
May 3	C	Weak or Absent	Up	Flat	Up	11.17%
May 2	C	Weak or Absent	Up	Down	Up	13.41%
May 1	C	Weak or Absent	Up	Down	Down	14.85%
Apr 30	C	Weak or Absent	Up	Down	Flat	14.02%
Apr 29	C	Weak or Absent	Up	Down	Up	11.87%