Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 5	B	Strong	Up	Up	Up	5.88%
Jul 3	B	Strong	Up	Up	Up	5.97%
Jul 2	B	Weak or Absent	Up	Up	Up	6.47%
Jul 1	B	Weak or Absent	Up	Up	Up	6.61%
Jun 28	B	Weak or Absent	Up	Up	Up	6.34%
Jun 27	B	Weak or Absent	Up	Up	Up	7.30%
Jun 26	B	Weak or Absent	Up	Up	Flat	7.89%
Jun 25	B	Weak or Absent	Up	Up	Flat	7.99%
Jun 24	B	Weak or Absent	Up	Up	Flat	7.64%
Jun 21	B	Weak or Absent	Up	Up	Down	8.91%