Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 10	B	Weak or Absent	Up	Up	Up	23.16%
Jan 9	C	Weak or Absent	Up	Up	Down	24.57%
Jan 8	C	Strong	Up	Up	Flat	23.86%
Jan 5	D	Strong	Flat	Up	Down	25.53%
Jan 4	D	Strong	Flat	Up	Down	25.61%
Jan 3	D	Strong	Down	Up	Down	26.25%
Jan 2	C	Strong	Up	Up	Down	24.41%
Dec 29	D	Strong	Up	Up	Down	22.62%
Dec 28	D	Strong	Up	Up	Flat	22.24%
Dec 27	C	Strong	Up	Up	Up	19.84%