Trend Table for EEA - The European Equity Fund, Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	A	Weak or Absent	Up	Up	Up	3.26%
May 9	A	Weak or Absent	Up	Up	Up	3.26%
May 8	B	Weak or Absent	Up	Up	Up	3.83%
May 7	C	Weak or Absent	Up	Up	Up	4.69%
May 6	C	Weak or Absent	Up	Up	Up	5.93%
May 3	B	Weak or Absent	Up	Up	Up	6.95%
May 2	C	Weak or Absent	Up	Flat	Up	7.98%
May 1	C	Weak or Absent	Up	Down	Up	8.48%
Apr 30	B	Weak or Absent	Up	Down	Up	9.36%
Apr 29	C	Weak or Absent	Up	Down	Up	8.80%