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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 20	A	Weak or Absent	Up	Down	Down	6.24%
Mar 17	A	Weak or Absent	Up	Up	Flat	3.93%
Mar 16	A	Weak or Absent	Up	Up	Up	2.11%
Mar 15	A	Weak or Absent	Up	Up	Up	1.35%
Mar 14	A	Weak or Absent	Up	Up	Flat	3.80%
Mar 13	A	Weak or Absent	Up	Flat	Down	5.24%
Mar 10	A	Weak or Absent	Up	Flat	Down	5.24%
Mar 9	A	Weak or Absent	Up	Up	Up	3.16%
Mar 8	A	Weak or Absent	Up	Up	Flat	4.19%
Mar 7	A	Weak or Absent	Up	Up	Flat	4.45%