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
Aug 15	A	Weak or Absent	Up	Up	Up	4.62%
Aug 14	A	Weak or Absent	Up	Up	Up	4.49%
Aug 13	A	Weak or Absent	Up	Flat	Flat	4.92%
Aug 12	B	Weak or Absent	Up	Flat	Flat	5.83%
Aug 9	A	Weak or Absent	Up	Flat	Flat	5.15%
Aug 8	A	Weak or Absent	Up	Flat	Flat	5.12%
Aug 7	A	Weak or Absent	Up	Flat	Flat	5.46%
Aug 6	B	Weak or Absent	Up	Flat	Down	5.96%
Aug 5	B	Weak or Absent	Up	Down	Down	6.47%
Aug 2	A	Weak or Absent	Up	Up	Flat	4.96%