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 13 C Weak or Absent Flat Flat Up 11.44%
Nov 10 B Weak or Absent Flat Flat Up 11.28%
Nov 9 B Weak or Absent Flat Flat Up 11.28%
Nov 8 B Weak or Absent Flat Up Up 10.60%
Nov 7 C Weak or Absent Down Down Up 11.73%
Nov 6 B Weak or Absent Flat Flat Up 10.60%
Nov 3 B Weak or Absent Flat Flat Up 10.83%
Nov 2 C Weak or Absent Down Down Up 12.88%
Nov 1 C Weak or Absent Down Down Flat 14.53%
Oct 31 C Weak or Absent Down Down Down 15.23%
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