Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 31	D	Strong	Down	Down	Flat	13.84%
Jan 30	D	Weak or Absent	Down	Down	Flat	13.64%
Jan 29	F	Weak or Absent	Down	Down	Flat	13.91%
Jan 26	F	Weak or Absent	Down	Down	Down	15.03%
Jan 25	D	Weak or Absent	Down	Flat	Flat	13.32%
Jan 24	D	Weak or Absent	Down	Up	Flat	12.88%
Jan 23	D	Weak or Absent	Down	Flat	Down	13.39%
Jan 22	D	Weak or Absent	Down	Flat	Down	14.36%
Jan 19	D	Weak or Absent	Down	Down	Down	15.64%
Jan 18	D	Weak or Absent	Down	Up	Down	12.88%