Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 26	B	Strong	Up	Up	Flat	9.71%
Sep 25	B	Strong	Up	Up	Flat	10.18%
Sep 24	B	Strong	Up	Up	Up	8.85%
Sep 23	B	Strong	Up	Up	Up	9.44%
Sep 20	A	Strong	Up	Up	Up	9.38%
Sep 19	B	Strong	Up	Up	Up	10.04%
Sep 18	B	Strong	Up	Up	Up	10.99%
Sep 17	A	Strong	Up	Up	Up	10.41%
Sep 16	B	Weak or Absent	Up	Up	Up	10.65%
Sep 13	A	Weak or Absent	Up	Up	Up	11.72%