Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 6	C	Weak or Absent	Up	Up	Up	25.81%
May 3	C	Weak or Absent	Up	Flat	Up	27.08%
May 2	D	Weak or Absent	Down	Down	Up	28.88%
May 1	D	Weak or Absent	Down	Down	Flat	30.35%
Apr 30	D	Weak or Absent	Down	Down	Up	29.35%
Apr 29	D	Weak or Absent	Down	Down	Up	29.22%
Apr 26	D	Weak or Absent	Down	Down	Up	29.57%
Apr 25	D	Weak or Absent	Down	Down	Flat	30.52%
Apr 24	D	Weak or Absent	Down	Down	Up	29.83%
Apr 23	D	Weak or Absent	Down	Down	Flat	29.48%