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 1	C	Weak or Absent	Up	Up	Down	1.14%
Mar 28	C	Weak or Absent	Up	Up	Flat	0.59%
Mar 27	B	Weak or Absent	Up	Up	Up	-1.96%
Mar 26	B	Weak or Absent	Up	Up	Flat	0.59%
Mar 25	C	Weak or Absent	Up	Up	Down	2.84%
Mar 22	C	Weak or Absent	Up	Up	Flat	1.14%
Mar 21	C	Weak or Absent	Up	Up	Flat	0.73%
Mar 20	C	Weak or Absent	Up	Up	Up	0.18%
Mar 19	B	Weak or Absent	Up	Up	Up	-0.09%
Mar 18	B	Weak or Absent	Up	Up	Up	-0.50%