Trend Table for PFF - iShares US Preferred Stock ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	A	Weak or Absent	Up	Up	Flat	4.69%
Jul 17	A	Weak or Absent	Up	Up	Up	4.47%
Jul 16	B	Weak or Absent	Up	Up	Up	4.32%
Jul 15	B	Weak or Absent	Up	Up	Up	4.48%
Jul 12	B	Weak or Absent	Up	Up	Up	4.37%
Jul 11	A	Weak or Absent	Up	Up	Up	4.53%
Jul 10	B	Weak or Absent	Up	Flat	Flat	5.69%
Jul 9	C	Weak or Absent	Up	Flat	Flat	6.30%
Jul 8	B	Weak or Absent	Up	Up	Flat	5.62%
Jul 5	B	Weak or Absent	Up	Up	Flat	5.39%