Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 21	F	Weak or Absent	Down	Down	Flat	13.35%
Oct 20	F	Weak or Absent	Down	Down	Down	14.93%
Oct 19	F	Weak or Absent	Down	Down	Down	13.86%
Oct 18	F	Weak or Absent	Down	Down	Down	12.04%
Oct 17	F	Weak or Absent	Down	Down	Down	13.69%
Oct 14	F	Weak or Absent	Down	Down	Down	14.44%
Oct 13	F	Weak or Absent	Down	Down	Down	12.48%
Oct 12	F	Weak or Absent	Down	Down	Down	13.21%
Oct 11	F	Weak or Absent	Down	Down	Down	13.08%
Oct 10	F	Weak or Absent	Down	Down	Down	11.56%