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
Sep 26	C	Strong	Up	Flat	Down	-1.82%
Sep 25	B	Strong	Up	Up	Flat	-3.44%
Sep 24	B	Strong	Up	Up	Up	-3.44%
Sep 23	B	Strong	Up	Up	Up	-3.31%
Sep 20	B	Strong	Up	Up	Up	-3.44%
Sep 19	B	Strong	Up	Up	Up	-4.97%
Sep 18	B	Strong	Up	Up	Up	-3.97%
Sep 17	B	Strong	Up	Up	Up	-3.18%
Sep 16	B	Strong	Up	Up	Up	-3.04%
Sep 13	B	Strong	Up	Up	Flat	-1.72%