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
Dec 20	B	Weak or Absent	Flat	Up	Down	22.73%
Dec 19	B	Strong	Up	Up	Flat	21.56%
Dec 18	B	Strong	Up	Up	Flat	22.17%
Dec 15	B	Strong	Flat	Up	Flat	22.78%
Dec 14	B	Strong	Up	Up	Up	21.09%
Dec 13	B	Weak or Absent	Up	Up	Up	20.16%
Dec 12	B	Weak or Absent	Flat	Up	Up	22.47%
Dec 11	B	Weak or Absent	Flat	Up	Up	22.60%
Dec 8	B	Weak or Absent	Flat	Up	Up	22.25%
Dec 7	B	Weak or Absent	Flat	Up	Up	22.47%