Trend Table for PFO - Flaherty & Crumrine Preferred Income Opportunity Fund Incorporated

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 28	A	Weak or Absent	Up	Up	Flat	16.33%
May 24	A	Weak or Absent	Up	Up	Flat	15.84%
May 23	A	Weak or Absent	Up	Up	Down	16.97%
May 22	A	Strong	Up	Up	Flat	15.77%
May 21	A	Strong	Up	Up	Up	15.33%
May 20	A	Strong	Up	Up	Up	15.30%
May 17	A	Strong	Up	Up	Up	15.40%
May 16	A	Strong	Up	Up	Up	15.54%
May 15	A	Weak or Absent	Up	Up	Up	15.61%
May 14	B	Weak or Absent	Up	Up	Flat	17.15%