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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 14	A	Weak or Absent	Up	Up	Flat	27.34%
Sep 13	A	Weak or Absent	Up	Flat	Down	28.25%
Sep 12	A	Weak or Absent	Up	Up	Down	28.19%
Sep 11	B	Weak or Absent	Up	Up	Flat	28.12%
Sep 8	A	Weak or Absent	Up	Up	Flat	27.86%
Sep 7	A	Weak or Absent	Up	Up	Flat	27.99%
Sep 6	A	Weak or Absent	Up	Up	Flat	27.80%
Sep 5	A	Weak or Absent	Up	Up	Up	27.21%
Sep 1	A	Weak or Absent	Up	Up	Up	26.32%
Aug 31	A	Weak or Absent	Up	Up	Up	25.62%