Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 7	D	Weak or Absent	Down	Down	Flat	10.22%
Oct 6	C	Weak or Absent	Down	Down	Up	7.33%
Oct 5	C	Weak or Absent	Down	Down	Up	7.17%
Oct 4	C	Weak or Absent	Down	Down	Up	7.78%
Oct 3	F	Strong	Down	Down	Down	11.44%
Sep 30	F	Strong	Down	Down	Down	13.78%
Sep 29	F	Weak or Absent	Down	Down	Down	12.80%
Sep 28	F	Weak or Absent	Down	Down	Down	9.52%
Sep 27	F	Weak or Absent	Down	Down	Down	11.90%
Sep 26	F	Weak or Absent	Down	Down	Down	10.73%