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
Jun 7	D	Weak or Absent	Down	Up	Up	26.14%
Jun 6	D	Weak or Absent	Down	Up	Up	27.27%
Jun 5	C	Weak or Absent	Down	Up	Up	27.26%
Jun 2	D	Weak or Absent	Down	Up	Up	26.94%
Jun 1	C	Weak or Absent	Down	Flat	Up	29.22%
May 31	D	Weak or Absent	Down	Down	Up	31.94%
May 30	D	Weak or Absent	Down	Down	Up	32.45%
May 26	F	Weak or Absent	Down	Down	Flat	34.04%
May 25	F	Strong	Down	Down	Flat	34.76%
May 24	F	Weak or Absent	Down	Down	Down	35.48%