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
Mar 15	A	Strong	Up	Up	Flat	13.04%
Mar 14	A	Strong	Up	Up	Flat	12.66%
Mar 13	A	Strong	Up	Up	Flat	12.61%
Mar 12	A	Strong	Up	Up	Flat	12.45%
Mar 11	A	Strong	Up	Up	Up	12.40%
Mar 8	A	Strong	Up	Up	Up	12.08%
Mar 7	A	Strong	Up	Up	Up	12.61%
Mar 6	A	Strong	Up	Up	Up	12.88%
Mar 5	A	Weak or Absent	Up	Up	Flat	13.26%
Mar 4	B	Weak or Absent	Up	Up	Flat	13.74%