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 6	A	Weak or Absent	Up	Up	Up	3.48%
Mar 3	A	Weak or Absent	Up	Up	Up	2.65%
Mar 2	A	Weak or Absent	Up	Up	Up	3.54%
Mar 1	A	Weak or Absent	Up	Up	Flat	4.72%
Feb 28	A	Weak or Absent	Up	Up	Up	3.54%
Feb 27	A	Weak or Absent	Up	Up	Up	4.72%
Feb 24	A	Weak or Absent	Up	Up	Flat	5.78%
Feb 23	A	Weak or Absent	Up	Up	Flat	5.24%
Feb 22	A	Weak or Absent	Up	Up	Flat	4.72%
Feb 21	C	Weak or Absent	Up	Flat	Down	6.73%