Trend Table for PFF - iShares US Preferred Stock ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Weak or Absent	Up	Up	Flat	5.93%
May 17	B	Weak or Absent	Up	Flat	Flat	6.04%
May 16	B	Weak or Absent	Up	Up	Flat	5.90%
May 15	B	Weak or Absent	Up	Up	Up	5.60%
May 14	D	Weak or Absent	Up	Flat	Flat	6.64%
May 13	D	Weak or Absent	Up	Flat	Flat	6.71%
May 10	D	Weak or Absent	Up	Flat	Flat	6.81%
May 9	D	Weak or Absent	Up	Flat	Flat	6.88%
May 8	C	Weak or Absent	Up	Down	Flat	7.19%
May 7	C	Weak or Absent	Up	Flat	Up	6.30%