Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	A	Very Strong	Up	Up	Up	1.46%
Nov 19	A	Very Strong	Up	Up	Up	2.65%
Nov 18	A	Very Strong	Up	Up	Up	3.73%
Nov 15	A	Very Strong	Up	Up	Flat	4.96%
Nov 14	B	Very Strong	Up	Up	Up	3.84%
Nov 13	B	Very Strong	Up	Up	Up	3.44%
Nov 12	B	Very Strong	Up	Up	Up	3.27%
Nov 11	A	Very Strong	Up	Up	Up	2.81%
Nov 8	A	Strong	Up	Up	Up	4.13%
Nov 7	A	Strong	Up	Up	Up	5.14%