Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 26	D	Weak or Absent	Down	Down	Up	13.60%
Apr 25	D	Weak or Absent	Down	Down	Flat	14.44%
Apr 24	D	Weak or Absent	Down	Down	Up	13.83%
Apr 23	D	Weak or Absent	Down	Down	Flat	13.53%
Apr 22	D	Weak or Absent	Down	Down	Down	14.67%
Apr 19	D	Weak or Absent	Down	Down	Down	16.55%
Apr 18	D	Weak or Absent	Down	Down	Down	15.99%
Apr 17	D	Weak or Absent	Down	Down	Down	15.84%
Apr 16	D	Weak or Absent	Down	Down	Down	16.31%
Apr 15	D	Weak or Absent	Down	Down	Down	15.76%