Trend Table for IPPP - Preferred-Plus ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 31	C	Weak or Absent	Up	Up	Flat	6.50%
Jul 30	C	Weak or Absent	Up	Up	Flat	6.98%
Jul 29	C	Weak or Absent	Up	Up	Flat	6.79%
Jul 26	C	Weak or Absent	Up	Up	Flat	6.61%
Jul 25	B	Weak or Absent	Up	Up	Down	7.00%
Jul 24	B	Weak or Absent	Up	Up	Down	7.36%
Jul 23	C	Weak or Absent	Up	Up	Flat	6.35%
Jul 22	B	Weak or Absent	Up	Up	Flat	6.13%
Jul 19	A	Weak or Absent	Up	Up	Up	5.76%
Jul 18	B	Weak or Absent	Up	Up	Flat	6.32%