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 25	F	Strong	Down	Down	Flat	43.12%
Oct 24	F	Strong	Down	Down	Down	45.73%
Oct 21	F	Strong	Down	Down	Down	46.21%
Oct 20	F	Strong	Down	Down	Down	44.61%
Oct 19	F	Strong	Down	Down	Down	40.67%
Oct 18	F	Strong	Down	Down	Flat	39.63%
Oct 17	F	Strong	Down	Down	Down	39.93%
Oct 14	D	Strong	Down	Down	Down	41.81%
Oct 13	F	Strong	Down	Down	Down	42.27%
Oct 12	D	Strong	Down	Down	Down	41.66%