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 8 A Weak or Absent Up Up Up -0.01%
Aug 7 A Weak or Absent Up Flat Down 2.54%
Aug 6 A Weak or Absent Up Up Down 1.76%
Aug 5 A Weak or Absent Up Up Down 1.96%
Aug 1 B Weak or Absent Up Flat Down 2.34%
Jul 30 B Weak or Absent Up Up Flat 0.78%
Jul 29 A Weak or Absent Up Up Up -0.77%
Jul 26 A Weak or Absent Up Up Up -0.39%
Jul 25 A Weak or Absent Up Up Up -0.69%
Jul 19 A Weak or Absent Up Up Flat 0.43%
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