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
Jul 14	B	Strong	Up	Up	Flat	27.86%
Jul 13	B	Strong	Up	Up	Up	27.47%
Jul 12	B	Strong	Up	Up	Up	27.40%
Jul 11	B	Strong	Up	Up	Up	27.99%
Jul 10	B	Weak or Absent	Up	Up	Up	28.77%
Jul 7	B	Weak or Absent	Up	Up	Up	29.10%
Jul 6	A	Weak or Absent	Up	Up	Up	30.04%
Jul 5	B	Strong	Up	Up	Up	28.71%
Jul 3	B	Weak or Absent	Up	Up	Up	28.18%
Jun 30	B	Weak or Absent	Up	Up	Up	28.18%