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 23	A	Weak or Absent	Up	Up	Up	7.16%
May 22	A	Weak or Absent	Up	Up	Up	6.68%
May 21	A	Weak or Absent	Up	Up	Up	6.66%
May 20	A	Weak or Absent	Up	Up	Up	6.87%
May 17	B	Weak or Absent	Up	Up	Up	7.61%
May 16	A	Weak or Absent	Up	Up	Up	7.56%
May 15	A	Weak or Absent	Up	Up	Up	7.34%
May 14	A	Weak or Absent	Up	Up	Up	9.02%
May 13	B	Weak or Absent	Up	Up	Up	9.72%
May 10	B	Weak or Absent	Up	Up	Up	9.98%