Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 15	B	Weak or Absent	Up	Up	Flat	15.19%
Aug 14	B	Weak or Absent	Up	Up	Flat	14.84%
Aug 13	A	Weak or Absent	Up	Up	Up	13.85%
Aug 12	B	Weak or Absent	Up	Up	Flat	14.76%
Aug 9	B	Strong	Up	Up	Down	14.84%
Aug 8	B	Strong	Up	Up	Down	15.12%
Aug 7	A	Strong	Up	Up	Down	15.95%
Aug 6	A	Strong	Up	Up	Down	16.43%
Aug 5	A	Strong	Up	Up	Down	16.57%
Aug 2	A	Strong	Up	Up	Up	12.80%