Trend Table for IPB - Merrill Lynch & Co., Inc. 6.0518% Index Plus Trust Certificates Series 2003-1

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Current Trend Strength: Weak or Absent
Date Grade ADX Long Term Intermediate Term Short Term % Chg
Nov 4 B Weak or Absent Up Up Up -2.66%
Nov 1 B Weak or Absent Up Up Up -2.59%
Oct 31 B Weak or Absent Up Flat Up -1.92%
Oct 30 D Weak or Absent Up Down Down 0.62%
Oct 29 D Weak or Absent Up Down Down -0.23%
Oct 28 C Weak or Absent Up Flat Flat -1.66%
Oct 25 C Weak or Absent Up Down Down -0.42%
Oct 22 D Weak or Absent Up Down Down -0.42%
Oct 18 D Weak or Absent Up Down Down -0.57%
Oct 17 D Weak or Absent Up Down Down -0.65%
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