Trend Table for IPPP - Preferred-Plus ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	C	Weak or Absent	Up	Up	Flat	8.65%
May 16	B	Weak or Absent	Up	Up	Flat	8.45%
May 15	B	Weak or Absent	Up	Up	Up	8.25%
May 14	B	Weak or Absent	Up	Up	Flat	9.09%
May 13	B	Weak or Absent	Up	Up	Up	8.97%
May 10	B	Weak or Absent	Up	Up	Up	9.35%
May 9	B	Weak or Absent	Up	Up	Up	9.37%
May 8	B	Weak or Absent	Up	Up	Flat	9.69%
May 7	B	Weak or Absent	Up	Up	Up	8.90%
May 6	B	Weak or Absent	Up	Up	Up	8.65%