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
Jul 27	C	Weak or Absent	Down	Up	Flat	29.62%
Jul 26	D	Weak or Absent	Down	Up	Up	28.64%
Jul 25	D	Weak or Absent	Down	Up	Flat	29.29%
Jul 24	D	Weak or Absent	Down	Up	Flat	29.95%
Jul 21	D	Weak or Absent	Down	Up	Flat	29.79%
Jul 20	D	Weak or Absent	Down	Up	Flat	29.90%
Jul 19	D	Weak or Absent	Down	Up	Up	29.24%
Jul 18	D	Weak or Absent	Down	Up	Flat	29.41%
Jul 17	D	Weak or Absent	Down	Up	Down	30.90%
Jul 14	D	Weak or Absent	Down	Up	Down	30.56%