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 25	C	Weak or Absent	Down	Down	Down	20.72%
May 23	C	Weak or Absent	Down	Flat	Down	19.43%
May 19	A	Weak or Absent	Up	Up	Flat	18.04%
May 18	B	Weak or Absent	Flat	Up	Flat	18.56%
May 17	B	Weak or Absent	Flat	Flat	Flat	18.56%
May 16	B	Weak or Absent	Flat	Up	Flat	18.40%
May 15	A	Weak or Absent	Up	Up	Flat	17.20%
May 12	A	Weak or Absent	Up	Up	Flat	17.55%
May 10	B	Weak or Absent	Flat	Up	Down	18.32%
May 9	B	Weak or Absent	Up	Up	Flat	18.12%