Trend Table for QQQ - PowerShares QQQ Trust, Series 1

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	B	Weak or Absent	Up	Up	Up	0.00%
May 16	A	Weak or Absent	Up	Up	Up	-0.05%
May 15	A	Weak or Absent	Up	Up	Up	-0.25%
May 14	A	Weak or Absent	Up	Up	Up	1.31%
May 13	B	Weak or Absent	Up	Up	Up	1.96%
May 10	B	Weak or Absent	Up	Up	Up	2.19%
May 9	B	Weak or Absent	Up	Up	Up	2.44%
May 8	C	Weak or Absent	Up	Up	Up	2.66%
May 7	C	Weak or Absent	Up	Up	Up	2.60%
May 6	C	Weak or Absent	Up	Up	Up	2.61%