Trend Table for PFFA - Virtus InfraCap U.S. Preferred Stock ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 21	C	Weak or Absent	Up	Up	Flat	34.78%
Jun 20	C	Weak or Absent	Flat	Up	Down	35.42%
Jun 16	C	Weak or Absent	Up	Up	Flat	35.10%
Jun 15	C	Weak or Absent	Up	Up	Flat	34.67%
Jun 14	B	Weak or Absent	Up	Up	Flat	34.53%
Jun 13	B	Weak or Absent	Up	Up	Up	34.60%
Jun 12	B	Weak or Absent	Up	Up	Up	34.46%
Jun 9	B	Weak or Absent	Flat	Up	Up	34.81%
Jun 8	B	Weak or Absent	Up	Up	Up	34.46%
Jun 7	B	Weak or Absent	Up	Up	Up	33.98%