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
Jul 27 D Weak or Absent Up Flat Flat 10.07%
Jul 26 B Weak or Absent Up Up Up 8.84%
Jul 25 B Weak or Absent Up Flat Flat 9.71%
Jul 24 C Weak or Absent Up Flat Flat 9.76%
Jul 21 D Weak or Absent Up Flat Flat 10.16%
Jul 19 B Weak or Absent Up Up Up 8.84%
Jul 18 B Weak or Absent Up Up Up 8.84%
Jul 17 B Weak or Absent Up Up Up 8.84%
Jul 14 D Weak or Absent Down Down Down 11.46%
Jul 13 D Weak or Absent Flat Flat Down 10.16%
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