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
Jul 21	D	Weak or Absent	Down	Up	Flat	26.38%
Jul 20	D	Weak or Absent	Down	Up	Flat	26.49%
Jul 19	D	Weak or Absent	Down	Up	Up	25.86%
Jul 18	D	Weak or Absent	Down	Up	Flat	26.02%
Jul 17	D	Weak or Absent	Down	Up	Down	27.47%
Jul 14	D	Weak or Absent	Down	Up	Down	27.14%
Jul 13	D	Weak or Absent	Down	Up	Flat	26.02%
Jul 12	D	Weak or Absent	Down	Up	Flat	26.34%
Jul 11	D	Weak or Absent	Down	Up	Down	27.30%
Jul 10	D	Weak or Absent	Down	Up	Flat	26.34%