Trend Table for PFFL - ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 19	C	Weak or Absent	Up	Down	Down	4.71%
Apr 18	C	Weak or Absent	Up	Down	Down	5.69%
Apr 17	C	Weak or Absent	Up	Down	Down	4.84%
Apr 16	C	Weak or Absent	Up	Down	Down	5.91%
Apr 15	D	Weak or Absent	Up	Down	Down	5.90%
Apr 12	D	Weak or Absent	Up	Down	Down	2.45%
Apr 11	D	Weak or Absent	Up	Down	Down	1.20%
Apr 10	C	Weak or Absent	Up	Down	Down	-0.31%
Apr 9	C	Weak or Absent	Up	Flat	Flat	-3.63%
Apr 8	C	Weak or Absent	Up	Flat	Down	-3.41%