Trend Table for PFO - Flaherty & Crumrine Preferred Income Opportunity Fund Incorporated

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	D	Weak or Absent	Up	Down	Down	0.00%
Nov 19	D	Weak or Absent	Up	Down	Down	-0.06%
Nov 18	D	Weak or Absent	Up	Down	Down	-0.22%
Nov 15	D	Strong	Up	Down	Down	0.11%
Nov 14	D	Strong	Up	Down	Down	-0.55%
Nov 13	D	Strong	Up	Down	Flat	-1.41%
Nov 12	C	Strong	Up	Flat	Flat	-1.92%
Nov 11	B	Strong	Up	Up	Up	-3.00%
Nov 8	B	Strong	Up	Up	Up	-3.00%
Nov 7	D	Strong	Up	Flat	Flat	-1.95%