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 15	C	Weak or Absent	Up	Down	Down	12.36%
May 12	B	Weak or Absent	Up	Down	Down	12.90%
May 11	B	Weak or Absent	Up	Flat	Down	12.07%
May 10	B	Weak or Absent	Up	Up	Down	11.07%
May 9	B	Weak or Absent	Up	Up	Flat	9.91%
May 8	B	Weak or Absent	Up	Up	Down	9.91%
May 5	B	Weak or Absent	Up	Up	Flat	9.53%
May 4	B	Weak or Absent	Up	Up	Down	10.81%
May 3	B	Weak or Absent	Up	Up	Down	10.17%
May 2	B	Weak or Absent	Up	Up	Down	10.94%