Trend Table for PFF - iShares US Preferred Stock ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 15	F	Strong	Down	Down	Flat	22.10%
May 12	F	Strong	Down	Down	Down	21.85%
May 11	F	Strong	Down	Down	Down	22.06%
May 10	F	Strong	Down	Down	Down	21.36%
May 9	F	Weak or Absent	Down	Down	Down	22.10%
May 8	F	Weak or Absent	Down	Down	Down	21.77%
May 5	F	Weak or Absent	Down	Down	Down	21.89%
May 4	F	Weak or Absent	Down	Down	Down	23.68%
May 3	F	Weak or Absent	Down	Down	Down	20.92%
May 2	D	Weak or Absent	Down	Down	Down	19.01%