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 14	D	Weak or Absent	Flat	Down	Flat	6.92%
Jun 13	D	Weak or Absent	Flat	Down	Up	6.65%
Jun 12	D	Weak or Absent	Flat	Down	Up	6.65%
Jun 9	D	Weak or Absent	Up	Down	Up	6.23%
Jun 8	D	Strong	Flat	Down	Up	6.92%
Jun 7	D	Strong	Down	Down	Flat	7.78%
Jun 6	F	Strong	Down	Down	Flat	8.06%
Jun 5	D	Strong	Flat	Down	Flat	7.49%
Jun 2	C	Strong	Up	Down	Up	6.37%
Jun 1	D	Strong	Down	Down	Down	9.67%