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 31	D	Weak or Absent	Down	Down	Up	34.06%
May 30	D	Weak or Absent	Down	Down	Up	34.58%
May 26	F	Weak or Absent	Down	Down	Flat	36.20%
May 25	F	Strong	Down	Down	Flat	36.92%
May 24	F	Weak or Absent	Down	Down	Down	37.66%
May 23	D	Weak or Absent	Down	Down	Up	34.23%
May 22	D	Strong	Down	Down	Up	33.18%
May 19	D	Strong	Down	Down	Up	33.65%
May 18	F	Strong	Down	Down	Up	35.23%
May 17	F	Strong	Down	Down	Up	36.13%