Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 13	C	Weak or Absent	Flat	Up	Up	8.70%
Jun 12	C	Weak or Absent	Down	Up	Up	9.86%
Jun 9	C	Weak or Absent	Down	Up	Up	9.86%
Jun 8	C	Weak or Absent	Down	Up	Up	9.86%
Jun 7	D	Weak or Absent	Down	Up	Up	11.12%
Jun 6	D	Weak or Absent	Down	Up	Up	11.43%
Jun 5	C	Weak or Absent	Down	Up	Up	12.24%
Jun 2	C	Weak or Absent	Down	Flat	Up	12.99%
Jun 1	F	Weak or Absent	Down	Down	Flat	14.65%
May 31	F	Weak or Absent	Down	Down	Flat	14.51%