Nasdaq Dorsey Wright

There is a change to the Invesco Commodity Model this week.

There is a change to the Invesco Commodity Model POWRSHARES this week: sell the Invesco DB Gold Fund DGL and buy the Invesco DB Oil Fund DBO. DGL was removed because its rank in the model’s relative strength matrix fell below the threshold to remain a holding in the portfolio.

While DBO’s fund score remains in the unfavorable range at 1.13, we have recently seen improvement from crude oil CL/ as it broke a triple top at $42 in last week’s trading and currently sits at $43 on its default chart, matching the highest level it has reached since March. In addition to oil, the model has exposure to base metals. Year-to-date POWRSHARES has generated a price return of 25.83%.

Back to report

DISCLOSURE

**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. PowerShares has arranged with Dorsey, Wright to provide this specialized ETF Point & Figure Analysis page on PowerShares sponsored products. The Point & Figure analysis, models and resulting rankings, including any information, data or commentary included herein, are created and provided solely by Dorsey, Wright & Associates. Such analysis, models and rankings should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. Neither Dorsey, Wright nor PowerShares through this ETF page provide investment advice or recommendations regarding any security, fund or market. As the investment professional making the final decision with respect to allocations, including any related suitability, fiduciary or other legal obligation, please remember to adhere to all applicable laws, regulations, and rules including NASD Rules 2090 and 2111. The percentage of the portfolio devoted to any ETF is at the sole discretion of the financial advisor or the customer, and not Dorsey, Wright & Associates or PowerShares. If you are not familiar with the Point & Figure methodology, we suggest you read "Point & Figure Charting, 4th Edition" by Thomas J. Dorsey and visit the PnF University, www.dorseywright.com. If you are not familiar with the PowerShares products, or Exchange Traded Funds (ETFs), we suggest you visit www.powershares.com.

REPORT

DATE

Upcoming Events

REPORT

DATE