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
Jan 17 F Weak or Absent Down Down Flat 13.69%
Jan 12 F Weak or Absent Down Down Flat 13.09%
Jan 11 F Weak or Absent Down Down Down 14.93%
Jan 9 F Weak or Absent Down Down Down 14.04%
Jan 3 F Weak or Absent Down Down Down 15.40%
Dec 30 F Weak or Absent Down Down Down 15.40%
Dec 29 D Weak or Absent Down Down Down 15.11%
Dec 28 C Weak or Absent Down Down Down 12.80%
Dec 27 C Weak or Absent Down Down Down 12.80%
Dec 22 B Weak or Absent Down Up Up 8.49%
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