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
Oct 20	C	Strong	Down	Down	Down	34.44%
Oct 19	C	Weak or Absent	Down	Down	Down	35.14%
Oct 18	C	Weak or Absent	Down	Down	Down	33.61%
Oct 17	D	Weak or Absent	Down	Down	Down	33.39%
Oct 16	B	Weak or Absent	Flat	Down	Flat	31.83%
Oct 13	B	Weak or Absent	Flat	Down	Flat	32.04%
Oct 12	B	Weak or Absent	Flat	Down	Flat	31.97%
Oct 11	B	Weak or Absent	Up	Down	Flat	31.06%
Oct 10	B	Weak or Absent	Flat	Down	Down	31.97%
Oct 9	B	Weak or Absent	Flat	Down	Down	32.39%