Trend Table for BCV - Bancroft Fund, Ltd.

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 15	B	Weak or Absent	Up	Up	Flat	17.22%
Aug 14	B	Weak or Absent	Up	Up	Flat	16.85%
Aug 13	A	Weak or Absent	Up	Up	Up	15.85%
Aug 12	B	Weak or Absent	Up	Up	Flat	16.78%
Aug 9	B	Strong	Up	Up	Down	16.85%
Aug 8	B	Strong	Up	Up	Down	17.15%
Aug 7	A	Strong	Up	Up	Down	17.99%
Aug 6	A	Strong	Up	Up	Down	18.47%
Aug 5	A	Strong	Up	Up	Down	18.62%
Aug 2	A	Strong	Up	Up	Up	14.79%