Trend Table for IPPP - Preferred-Plus ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 3	C	Strong	Up	Up	Down	20.79%
Aug 2	C	Strong	Up	Up	Flat	20.33%
Aug 1	B	Strong	Up	Up	Up	19.43%
Jul 31	C	Weak or Absent	Up	Up	Up	19.15%
Jul 28	B	Weak or Absent	Up	Up	Up	19.90%
Jul 27	B	Weak or Absent	Up	Up	Up	19.96%
Jul 26	B	Weak or Absent	Up	Up	Up	19.46%
Jul 25	B	Weak or Absent	Up	Up	Flat	20.61%
Jul 24	B	Weak or Absent	Up	Up	Up	20.66%
Jul 21	B	Weak or Absent	Up	Up	Flat	21.39%