Trend Table for PFF - iShares US Preferred Stock ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 4	C	Weak or Absent	Down	Up	Up	17.80%
Jan 3	F	Weak or Absent	Down	Down	Flat	20.29%
Dec 30	F	Weak or Absent	Down	Down	Down	20.88%
Dec 29	F	Weak or Absent	Down	Down	Down	21.20%
Dec 28	F	Weak or Absent	Down	Down	Down	21.60%
Dec 27	D	Weak or Absent	Down	Down	Down	20.76%
Dec 23	D	Weak or Absent	Down	Down	Down	20.06%
Dec 22	D	Weak or Absent	Down	Down	Down	20.02%
Dec 21	D	Weak or Absent	Down	Flat	Down	18.74%
Dec 20	D	Weak or Absent	Down	Flat	Down	19.01%