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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 18	C	Strong	Up	Flat	Down	5.85%
Jan 17	C	Strong	Up	Up	Down	4.53%
Jan 16	C	Strong	Up	Up	Down	4.39%
Jan 12	C	Strong	Up	Up	Down	4.10%
Jan 11	C	Strong	Up	Up	Down	4.10%
Jan 10	C	Strong	Up	Up	Down	4.10%
Jan 9	C	Strong	Up	Up	Flat	2.82%
Jan 8	C	Strong	Up	Up	Down	3.53%
Jan 5	C	Strong	Up	Up	Down	4.53%
Jan 4	C	Strong	Up	Up	Down	4.39%