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
May 1 B Weak or Absent Up Down Down 6.96%
Apr 30 A Weak or Absent Up Up Flat 4.83%
Apr 29 A Weak or Absent Up Up Up 3.74%
Apr 25 A Weak or Absent Up Flat Flat 5.45%
Apr 24 A Weak or Absent Up Flat Flat 5.45%
Apr 23 B Weak or Absent Up Flat Flat 5.45%
Apr 22 B Strong Up Flat Down 5.95%
Apr 19 B Strong Up Down Down 7.34%
Apr 18 A Strong Up Up Flat 4.30%
Apr 16 A Strong Up Flat Down 5.45%
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