Trend Table for MCN - Madison Covered Call & Equity Strategy Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 15	D	Weak or Absent	Up	Down	Down	5.65%
Apr 12	C	Weak or Absent	Up	Down	Down	5.05%
Apr 11	C	Weak or Absent	Up	Flat	Down	3.27%
Apr 10	C	Weak or Absent	Up	Flat	Down	3.13%
Apr 9	C	Weak or Absent	Up	Up	Down	2.27%
Apr 8	C	Weak or Absent	Up	Flat	Down	2.55%
Apr 5	C	Weak or Absent	Up	Up	Down	2.13%
Apr 4	C	Weak or Absent	Up	Up	Down	2.27%
Apr 3	C	Weak or Absent	Up	Up	Down	1.84%
Apr 2	C	Weak or Absent	Up	Up	Down	1.70%