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
Oct 11 D Strong Down Down Flat 13.44%
Oct 10 D Strong Down Down Flat 13.93%
Oct 9 C Strong Down Down Down 14.16%
Oct 6 C Strong Down Down Flat 13.46%
Oct 5 C Strong Down Down Down 13.93%
Oct 4 C Strong Down Down Down 13.56%
Oct 3 B Strong Down Down Down 13.46%
Oct 2 C Strong Down Down Down 13.46%
Sep 29 C Strong Down Down Down 13.46%
Sep 28 B Strong Up Down Flat 11.33%
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