Trend Table for IPPP - Preferred-Plus ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 30	B	Weak or Absent	Up	Up	Up	8.72%
Jan 25	B	Weak or Absent	Up	Up	Up	9.71%
Jan 24	B	Weak or Absent	Up	Up	Up	10.75%
Jan 23	B	Weak or Absent	Up	Up	Up	11.00%
Jan 22	B	Weak or Absent	Up	Up	Up	11.07%
Jan 19	B	Weak or Absent	Up	Up	Flat	11.81%
Jan 18	C	Weak or Absent	Up	Up	Flat	12.43%
Jan 17	B	Strong	Up	Up	Flat	12.15%
Jan 16	B	Strong	Up	Up	Up	11.29%
Jan 12	B	Strong	Up	Up	Up	11.98%