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
Dec 7	B	Weak or Absent	Down	Up	Flat	36.29%
Dec 6	B	Weak or Absent	Down	Up	Flat	36.22%
Dec 5	C	Weak or Absent	Down	Up	Up	35.80%
Dec 2	C	Weak or Absent	Down	Up	Up	33.87%
Dec 1	C	Weak or Absent	Down	Up	Up	33.80%
Nov 30	C	Weak or Absent	Down	Up	Up	35.73%
Nov 29	D	Weak or Absent	Down	Flat	Down	38.87%
Nov 28	C	Weak or Absent	Down	Up	Down	37.71%
Nov 25	C	Weak or Absent	Down	Flat	Down	37.64%
Nov 23	C	Weak or Absent	Down	Flat	Down	37.43%