Trend Table for MCN - Madison Covered Call & Equity Strategy Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 2	C	Weak or Absent	Up	Down	Up	0.00%
May 1	D	Weak or Absent	Up	Down	Flat	1.14%
Apr 30	C	Weak or Absent	Up	Down	Flat	1.14%
Apr 29	C	Weak or Absent	Up	Down	Up	0.57%
Apr 26	C	Weak or Absent	Up	Down	Flat	1.29%
Apr 25	C	Weak or Absent	Up	Down	Flat	1.14%
Apr 24	C	Weak or Absent	Up	Down	Flat	0.71%
Apr 23	C	Weak or Absent	Up	Down	Up	0.42%
Apr 22	B	Weak or Absent	Up	Down	Flat	0.85%
Apr 19	C	Weak or Absent	Up	Down	Down	1.72%