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
Dec 18	B	Weak or Absent	Up	Up	Up	8.61%
Dec 15	B	Weak or Absent	Up	Up	Up	8.96%
Dec 14	B	Weak or Absent	Up	Up	Up	8.86%
Dec 13	B	Weak or Absent	Up	Up	Up	10.00%
Dec 12	B	Weak or Absent	Up	Up	Flat	11.43%
Dec 11	B	Weak or Absent	Up	Up	Flat	11.43%
Dec 8	B	Weak or Absent	Up	Up	Flat	11.43%
Dec 7	B	Weak or Absent	Up	Up	Flat	11.82%
Dec 6	B	Weak or Absent	Up	Up	Flat	11.82%
Dec 5	C	Weak or Absent	Up	Up	Flat	12.49%