Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	F	Weak or Absent	Down	Down	Down	26.99%
Feb 22	D	Weak or Absent	Flat	Down	Flat	25.93%
Feb 21	F	Weak or Absent	Flat	Down	Flat	25.93%
Feb 20	C	Weak or Absent	Up	Up	Up	24.33%
Feb 16	C	Strong	Up	Up	Up	23.63%
Feb 15	C	Strong	Up	Up	Up	23.94%
Feb 14	C	Strong	Flat	Flat	Up	25.20%
Feb 13	C	Strong	Flat	Flat	Up	25.61%
Feb 12	C	Strong	Flat	Up	Up	25.04%
Feb 9	D	Strong	Down	Down	Up	26.58%