Trend Table for IPPP - Preferred-Plus ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	B	Weak or Absent	Up	Up	Flat	5.88%
Jul 17	B	Weak or Absent	Up	Up	Up	5.64%
Jul 16	C	Weak or Absent	Up	Up	Up	5.48%
Jul 15	B	Weak or Absent	Up	Up	Up	5.53%
Jul 12	B	Weak or Absent	Up	Up	Up	5.76%
Jul 11	B	Weak or Absent	Up	Up	Up	5.81%
Jul 10	B	Weak or Absent	Up	Up	Flat	6.71%
Jul 9	B	Weak or Absent	Up	Up	Flat	7.01%
Jul 8	B	Weak or Absent	Up	Up	Up	6.65%
Jul 3	B	Weak or Absent	Up	Up	Up	6.80%