Trend Table for IPPP - Preferred-Plus ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 20	B	Weak or Absent	Up	Up	Flat	20.98%
Jul 19	C	Weak or Absent	Up	Up	Up	20.66%
Jul 18	C	Weak or Absent	Up	Up	Flat	21.42%
Jul 17	C	Weak or Absent	Up	Up	Flat	21.85%
Jul 13	C	Weak or Absent	Up	Up	Up	20.64%
Jul 12	B	Weak or Absent	Up	Up	Up	20.86%
Jul 10	B	Weak or Absent	Up	Up	Flat	21.86%
Jul 7	C	Weak or Absent	Flat	Up	Flat	22.34%
Jul 6	C	Weak or Absent	Flat	Up	Down	23.16%
Jul 5	B	Weak or Absent	Up	Up	Up	21.21%