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
Feb 21 B Weak or Absent Down Up Up 9.25%
Feb 17 D Weak or Absent Down Flat Down 12.35%
Feb 16 C Weak or Absent Down Up Flat 11.07%
Feb 15 C Weak or Absent Down Up Flat 11.07%
Feb 14 C Weak or Absent Down Up Up 10.72%
Feb 13 C Weak or Absent Down Up Up 10.73%
Feb 10 F Weak or Absent Down Flat Flat 12.13%
Feb 9 C Weak or Absent Down Up Up 10.11%
Feb 8 F Weak or Absent Down Flat Down 12.35%
Feb 6 D Weak or Absent Down Flat Flat 11.68%
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