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 15	B	Weak or Absent	Down	Up	Down	20.54%
Dec 14	B	Weak or Absent	Down	Up	Flat	18.57%
Dec 12	B	Weak or Absent	Down	Up	Flat	19.06%
Dec 9	B	Weak or Absent	Down	Up	Flat	19.01%
Dec 7	B	Weak or Absent	Down	Up	Down	19.14%
Dec 5	B	Weak or Absent	Down	Up	Flat	18.69%
Dec 2	B	Weak or Absent	Down	Up	Flat	18.16%
Dec 1	B	Weak or Absent	Down	Up	Up	17.84%
Nov 30	B	Weak or Absent	Down	Up	Flat	19.06%
Nov 29	B	Weak or Absent	Down	Up	Up	18.45%