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 2	D	Weak or Absent	Down	Down	Down	30.26%
May 1	D	Weak or Absent	Down	Down	Flat	27.84%
Apr 28	D	Weak or Absent	Down	Down	Flat	27.68%
Apr 27	D	Weak or Absent	Down	Down	Down	28.64%
Apr 26	D	Weak or Absent	Down	Down	Down	29.45%
Apr 25	D	Weak or Absent	Down	Down	Down	29.12%
Apr 24	D	Weak or Absent	Down	Down	Down	27.37%
Apr 21	D	Weak or Absent	Down	Down	Down	28.47%
Apr 20	D	Weak or Absent	Down	Down	Down	27.84%
Apr 19	D	Weak or Absent	Down	Down	Flat	26.60%