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
Aug 15	A	Weak or Absent	Up	Up	Up	6.20%
Aug 14	A	Weak or Absent	Up	Up	Up	6.35%
Aug 13	A	Weak or Absent	Up	Up	Up	6.80%
Aug 12	B	Weak or Absent	Up	Flat	Flat	8.10%
Aug 9	A	Weak or Absent	Up	Flat	Flat	7.65%
Aug 8	A	Weak or Absent	Up	Up	Flat	7.50%
Aug 7	A	Weak or Absent	Up	Flat	Flat	7.85%
Aug 6	B	Weak or Absent	Up	Flat	Down	8.46%
Aug 5	B	Weak or Absent	Up	Down	Down	9.65%
Aug 2	A	Weak or Absent	Up	Up	Flat	7.39%