Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 1	A	Strong	Up	Up	Up	12.53%
Jul 31	A	Strong	Up	Up	Up	12.31%
Jul 30	A	Strong	Up	Up	Up	12.53%
Jul 29	A	Strong	Up	Up	Up	12.39%
Jul 26	A	Strong	Up	Up	Flat	13.99%
Jul 25	B	Strong	Up	Up	Down	15.84%
Jul 24	B	Strong	Up	Up	Down	17.09%
Jul 23	A	Strong	Up	Up	Up	13.78%
Jul 22	A	Strong	Up	Up	Up	13.99%
Jul 19	B	Strong	Up	Up	Up	14.91%