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
Aug 9 A Weak or Absent Up Up Up 9.44%
Aug 8 A Weak or Absent Up Up Up 10.09%
Aug 7 A Weak or Absent Up Up Up 10.09%
Aug 4 A Weak or Absent Up Up Up 10.09%
Aug 3 C Weak or Absent Up Flat Flat 11.77%
Aug 2 B Weak or Absent Up Flat Flat 11.15%
Jul 28 B Weak or Absent Up Flat Flat 11.24%
Jul 27 D Weak or Absent Up Flat Flat 11.77%
Jul 26 B Weak or Absent Up Up Up 10.53%
Jul 25 B Weak or Absent Up Flat Flat 11.42%
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