Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 8	D	Weak or Absent	Down	Down	Down	11.42%
Sep 7	D	Weak or Absent	Down	Down	Down	11.08%
Sep 6	D	Weak or Absent	Down	Down	Flat	10.14%
Sep 5	D	Weak or Absent	Flat	Down	Flat	9.35%
Sep 1	C	Weak or Absent	Flat	Down	Up	8.70%
Aug 31	C	Weak or Absent	Up	Down	Up	8.12%
Aug 30	D	Weak or Absent	Flat	Down	Flat	9.12%
Aug 29	D	Weak or Absent	Down	Down	Flat	9.62%
Aug 28	D	Weak or Absent	Down	Down	Down	10.54%
Aug 25	D	Weak or Absent	Down	Down	Down	10.94%