Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 17	D	Weak or Absent	Down	Up	Down	13.79%
Jan 16	D	Weak or Absent	Flat	Up	Down	12.52%
Jan 12	C	Weak or Absent	Flat	Up	Flat	11.55%
Jan 11	C	Weak or Absent	Up	Up	Flat	11.19%
Jan 10	B	Weak or Absent	Up	Up	Up	10.22%
Jan 9	C	Weak or Absent	Up	Up	Down	11.48%
Jan 8	C	Strong	Up	Up	Flat	10.84%
Jan 5	D	Strong	Flat	Up	Down	12.33%
Jan 4	D	Strong	Flat	Up	Down	12.41%
Jan 3	D	Strong	Down	Up	Down	12.98%