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 30	C	Weak or Absent	Up	Down	Down	13.17%
May 26	C	Weak or Absent	Up	Flat	Flat	11.82%
May 25	C	Weak or Absent	Up	Down	Flat	12.76%
May 24	C	Weak or Absent	Up	Down	Down	13.57%
May 23	C	Weak or Absent	Up	Down	Flat	12.38%
May 22	C	Weak or Absent	Up	Flat	Flat	11.78%
May 19	A	Weak or Absent	Up	Flat	Flat	11.30%
May 18	B	Weak or Absent	Up	Flat	Flat	11.43%
May 17	B	Weak or Absent	Up	Flat	Flat	11.43%
May 16	B	Weak or Absent	Up	Down	Down	12.58%