Nasdaq Dorsey Wright

With no changes to any of the Invesco models this week, we take a look at the Invesco S&P Equal Weight Utilities ETF (RSPU).

There are no changes to any of the Invesco models this week. Despite a strong US equities market, the traditionally defensive utilities sector continues to show relative strength. Utilities rank in the top half of the DALI sector rankings and 22nd out of all 134 groups in the Asset Class Group Scores. Those interested in adding exposure to the sector may wish to consider the Invesco S&P Equal Weight Utilities ETF (RSPU).

RSPU currently has a strong 5.36 fund score, which is 1.01 points better than the average utilities fund, and a positive 1.60 score direction. On its default chart, RSPU gave a second consecutive buy signal last month when it completed a bullish catapult and reached a new all-time in last week’s trading. Recent action has pushed RSPU into heavily overbought territory so those looking to add exposure may be best served to do so on a pullback into the $73 - $74 range or after prices have normalized around current levels. Year-to-date (through 8/8) RSPU has gained 14.94% on a price return basis, outperforming the S&P 500 by more than 6%. RSPU also carries a 2.4% yield.

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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.