Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 19	C	Weak or Absent	Down	Up	Up	7.03%
Jan 18	C	Weak or Absent	Down	Up	Up	6.37%
Jan 17	D	Weak or Absent	Down	Up	Up	6.12%
Jan 13	D	Weak or Absent	Down	Up	Up	6.97%
Jan 12	D	Weak or Absent	Down	Up	Up	8.43%
Jan 11	D	Weak or Absent	Down	Up	Up	9.62%
Jan 10	D	Weak or Absent	Down	Down	Up	11.68%
Jan 9	D	Weak or Absent	Down	Down	Up	11.75%
Jan 6	F	Weak or Absent	Down	Down	Up	13.76%
Jan 5	F	Weak or Absent	Down	Down	Flat	14.65%