Trend Table for IPB - Merrill Lynch & Co., Inc. 6.0518% Index Plus Trust Certificates Series 2003-1

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Current Trend Strength: Weak or Absent
Date Grade ADX Long Term Intermediate Term Short Term % Chg
Nov 4 B Weak or Absent Up Up Up 0.00%
Nov 1 B Weak or Absent Up Up Up 0.07%
Oct 31 B Weak or Absent Up Flat Up 0.75%
Oct 30 D Weak or Absent Up Down Down 3.37%
Oct 29 D Weak or Absent Up Down Down 2.50%
Oct 28 C Weak or Absent Up Flat Flat 1.02%
Oct 25 C Weak or Absent Up Down Down 2.30%
Oct 22 D Weak or Absent Up Down Down 2.30%
Oct 18 D Weak or Absent Up Down Down 2.14%
Oct 17 D Weak or Absent Up Down Down 2.06%
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