Trend Table for CPZ - Calamos Long/Short Equity & Dynamic Income Term Trust

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 12	D	Weak or Absent	Down	Down	Down	20.85%
May 11	D	Weak or Absent	Down	Down	Down	20.16%
May 10	D	Weak or Absent	Down	Down	Down	20.04%
May 9	D	Weak or Absent	Down	Down	Flat	18.78%
May 8	D	Weak or Absent	Down	Down	Flat	18.86%
May 5	D	Weak or Absent	Down	Down	Down	19.88%
May 4	D	Weak or Absent	Down	Down	Down	21.65%
May 3	D	Weak or Absent	Down	Down	Flat	18.31%
May 2	D	Weak or Absent	Down	Down	Down	19.48%
May 1	D	Weak or Absent	Down	Down	Flat	18.15%