Trend Table for ECF - Ellsworth Fund Ltd

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 21	F	Weak or Absent	Down	Down	Down	25.60%
Dec 20	F	Weak or Absent	Down	Down	Down	25.75%
Dec 19	F	Weak or Absent	Down	Down	Down	24.98%
Dec 16	F	Weak or Absent	Down	Down	Down	22.86%
Dec 15	F	Weak or Absent	Down	Down	Down	22.12%
Dec 14	F	Weak or Absent	Down	Down	Down	21.39%
Dec 13	F	Weak or Absent	Down	Flat	Flat	20.82%
Dec 12	F	Weak or Absent	Down	Down	Flat	21.10%
Dec 9	F	Weak or Absent	Down	Down	Down	21.97%
Dec 8	D	Weak or Absent	Down	Up	Up	19.68%