Trend Table for PFF - iShares US Preferred Stock ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 1	C	Weak or Absent	Down	Flat	Flat	17.17%
Apr 28	B	Weak or Absent	Down	Up	Flat	16.27%
Apr 27	C	Weak or Absent	Down	Flat	Flat	16.98%
Apr 26	C	Weak or Absent	Down	Down	Down	17.94%
Apr 25	C	Weak or Absent	Down	Down	Down	17.35%
Apr 24	B	Weak or Absent	Down	Flat	Flat	15.97%
Apr 21	C	Weak or Absent	Down	Flat	Flat	15.94%
Apr 20	D	Weak or Absent	Down	Flat	Flat	16.27%
Apr 19	C	Weak or Absent	Down	Flat	Up	16.14%
Apr 18	D	Weak or Absent	Down	Flat	Flat	16.45%