Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 5	F	Weak or Absent	Down	Down	Down	10.38%
Dec 2	C	Weak or Absent	Down	Up	Up	7.21%
Dec 1	C	Weak or Absent	Down	Up	Up	8.49%
Nov 30	D	Weak or Absent	Down	Flat	Flat	9.43%
Nov 29	F	Weak or Absent	Down	Down	Down	10.97%
Nov 28	F	Weak or Absent	Down	Down	Down	10.90%
Nov 25	F	Weak or Absent	Down	Down	Down	9.94%
Nov 23	F	Weak or Absent	Down	Down	Down	9.81%
Nov 22	F	Weak or Absent	Down	Down	Down	10.90%
Nov 21	D	Weak or Absent	Down	Down	Down	8.93%