Trend Table for PFFV - Global X Variable Rate Preferred ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 16	F	Strong	Down	Down	Flat	11.22%
May 15	F	Strong	Down	Down	Flat	10.23%
May 12	F	Strong	Down	Down	Down	10.59%
May 11	F	Strong	Down	Down	Down	10.96%
May 10	F	Strong	Down	Down	Down	10.13%
May 9	F	Strong	Down	Down	Down	10.64%
May 8	F	Strong	Down	Down	Down	10.64%
May 5	F	Weak or Absent	Down	Down	Down	10.89%
May 4	F	Weak or Absent	Down	Down	Down	13.67%
May 3	F	Weak or Absent	Down	Down	Down	9.47%