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
Jan 8	B	Weak or Absent	Up	Up	Up	20.03%
Jan 5	A	Weak or Absent	Up	Up	Flat	20.92%
Jan 4	A	Weak or Absent	Up	Up	Flat	20.88%
Jan 3	A	Weak or Absent	Up	Up	Flat	21.30%
Jan 2	B	Weak or Absent	Up	Up	Up	20.96%
Dec 29	B	Weak or Absent	Up	Up	Up	20.58%
Dec 28	B	Weak or Absent	Up	Up	Flat	21.30%
Dec 27	B	Weak or Absent	Up	Up	Flat	21.22%
Dec 22	B	Weak or Absent	Up	Up	Up	21.18%
Dec 21	B	Weak or Absent	Up	Up	Flat	22.04%