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 18	A	Strong	Up	Up	Up	-3.03%
Apr 17	A	Strong	Up	Up	Up	-2.09%
Apr 14	A	Weak or Absent	Up	Up	Up	-0.78%
Apr 13	A	Weak or Absent	Up	Up	Up	-1.50%
Apr 12	A	Weak or Absent	Up	Up	Up	0.32%
Apr 11	A	Weak or Absent	Up	Up	Up	-0.04%
Apr 10	A	Weak or Absent	Up	Up	Up	0.95%
Apr 6	A	Weak or Absent	Up	Up	Flat	2.73%
Apr 5	A	Weak or Absent	Up	Up	Up	2.22%
Apr 4	A	Weak or Absent	Up	Up	Up	2.61%