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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 29	F	Weak or Absent	Down	Down	Flat	8.09%
Jun 28	D	Weak or Absent	Down	Down	Down	8.53%
Jun 27	F	Weak or Absent	Down	Down	Down	8.68%
Jun 26	F	Weak or Absent	Down	Down	Down	9.58%
Jun 23	D	Weak or Absent	Down	Down	Down	9.58%
Jun 22	F	Weak or Absent	Flat	Down	Flat	7.22%
Jun 21	D	Weak or Absent	Flat	Down	Flat	6.92%
Jun 20	D	Weak or Absent	Flat	Down	Flat	6.92%
Jun 16	D	Weak or Absent	Flat	Down	Flat	7.07%
Jun 15	D	Weak or Absent	Flat	Down	Flat	6.64%