Trend Table for TLV - PowerShares S&P/TSX Composite Low Volatility Index ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 16	A	Strong	Up	Up	Up	14.00%
May 15	A	Strong	Up	Up	Up	14.27%
May 14	A	Strong	Up	Up	Up	14.38%
May 13	A	Strong	Up	Up	Up	14.12%
May 10	A	Weak or Absent	Up	Up	Up	14.16%
May 9	A	Weak or Absent	Up	Up	Up	14.27%
May 8	A	Weak or Absent	Up	Up	Up	14.65%
May 7	A	Weak or Absent	Up	Up	Up	15.39%
May 6	A	Weak or Absent	Up	Up	Up	15.12%
May 3	A	Weak or Absent	Up	Flat	Up	16.25%