Trend Table for PFFA - Virtus InfraCap U.S. Preferred Stock ETF

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 28	A	Weak or Absent	Up	Up	Flat	10.60%
May 24	A	Weak or Absent	Up	Up	Flat	10.71%
May 23	A	Weak or Absent	Up	Up	Down	12.10%
May 22	A	Weak or Absent	Up	Up	Flat	10.76%
May 21	A	Weak or Absent	Up	Up	Up	10.34%
May 20	A	Weak or Absent	Up	Up	Up	10.39%
May 17	A	Weak or Absent	Up	Up	Up	10.32%
May 16	A	Weak or Absent	Up	Up	Up	10.53%
May 15	A	Weak or Absent	Up	Up	Up	10.38%
May 14	A	Weak or Absent	Up	Up	Flat	11.86%