Trend Table for IPPP - Preferred-Plus ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 3	B	Weak or Absent	Up	Up	Up	9.14%
May 1	A	Weak or Absent	Up	Up	Flat	10.81%
Apr 30	A	Weak or Absent	Up	Up	Flat	11.44%
Apr 29	A	Weak or Absent	Up	Up	Up	10.57%
Apr 26	A	Weak or Absent	Up	Up	Up	11.21%
Apr 25	A	Weak or Absent	Up	Up	Flat	11.39%
Apr 24	A	Weak or Absent	Up	Up	Up	10.51%
Apr 23	A	Weak or Absent	Up	Up	Up	10.64%
Apr 22	A	Weak or Absent	Up	Up	Flat	11.79%
Apr 19	A	Weak or Absent	Up	Up	Down	12.09%