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 31	C	Weak or Absent	Down	Flat	Up	37.35%
May 30	C	Weak or Absent	Down	Down	Up	38.93%
May 26	F	Strong	Down	Down	Flat	39.92%
May 25	F	Strong	Down	Down	Flat	40.46%
May 24	C	Strong	Down	Down	Up	39.31%
May 23	D	Strong	Down	Flat	Up	38.17%
May 22	D	Strong	Down	Flat	Up	38.17%
May 19	D	Strong	Down	Down	Up	39.00%
May 18	D	Strong	Down	Down	Up	39.49%
May 17	F	Strong	Down	Down	Up	40.41%