Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 12	D	Weak or Absent	Flat	Down	Down	12.04%
Apr 11	C	Weak or Absent	Up	Flat	Down	10.73%
Apr 10	B	Weak or Absent	Up	Up	Down	9.85%
Apr 9	C	Weak or Absent	Up	Up	Flat	9.04%
Apr 8	C	Weak or Absent	Up	Up	Down	9.95%
Apr 5	C	Weak or Absent	Up	Up	Down	10.02%
Apr 4	C	Weak or Absent	Up	Up	Down	9.49%
Apr 3	C	Weak or Absent	Up	Up	Down	9.11%
Apr 2	C	Weak or Absent	Up	Up	Flat	8.83%
Apr 1	B	Weak or Absent	Up	Up	Up	7.13%