Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 17	D	Weak or Absent	Down	Down	Flat	11.97%
Apr 14	D	Weak or Absent	Down	Down	Down	12.10%
Apr 13	D	Weak or Absent	Down	Down	Flat	11.43%
Apr 12	D	Weak or Absent	Down	Down	Down	12.58%
Apr 11	D	Weak or Absent	Down	Down	Down	11.83%
Apr 10	D	Weak or Absent	Down	Down	Down	11.63%
Apr 6	D	Strong	Down	Down	Flat	11.30%
Apr 5	D	Strong	Down	Down	Flat	11.90%
Apr 4	D	Strong	Down	Down	Up	10.84%
Apr 3	D	Strong	Down	Down	Up	8.96%