Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 22	D	Weak or Absent	Down	Down	Down	26.54%
Apr 19	D	Weak or Absent	Down	Down	Down	28.61%
Apr 18	D	Weak or Absent	Down	Down	Down	28.00%
Apr 17	D	Weak or Absent	Down	Down	Down	27.82%
Apr 16	D	Weak or Absent	Down	Down	Down	28.34%
Apr 15	D	Weak or Absent	Down	Down	Down	27.74%
Apr 12	D	Weak or Absent	Flat	Down	Down	23.63%
Apr 11	C	Weak or Absent	Up	Flat	Down	22.19%
Apr 10	B	Weak or Absent	Up	Up	Down	21.21%
Apr 9	C	Weak or Absent	Up	Up	Flat	20.32%