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
Aug 14 A Weak or Absent Up Up Up 6.14%
Aug 11 A Weak or Absent Up Up Up 7.73%
Aug 10 A Weak or Absent Up Up Up 7.73%
Aug 9 A Weak or Absent Up Up Up 7.77%
Aug 8 A Weak or Absent Up Up Up 8.41%
Aug 7 A Weak or Absent Up Up Up 8.41%
Aug 4 A Weak or Absent Up Up Up 8.41%
Aug 3 C Weak or Absent Up Flat Flat 10.07%
Aug 2 B Weak or Absent Up Flat Flat 9.45%
Jul 28 B Weak or Absent Up Flat Flat 9.54%
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