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 14 A Weak or Absent Up Up Up 2.06%
Aug 13 A Weak or Absent Up Up Up 1.48%
Aug 12 A Weak or Absent Up Up Up -0.61%
Aug 9 A Weak or Absent Up Up Up 1.48%
Aug 8 A Weak or Absent Up Up Up 2.85%
Aug 7 A Weak or Absent Up Flat Down 5.47%
Aug 6 A Weak or Absent Up Up Down 4.66%
Aug 5 A Weak or Absent Up Up Down 4.87%
Aug 1 B Weak or Absent Up Flat Down 5.26%
Jul 30 B Weak or Absent Up Up Flat 3.66%
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