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

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 29	B	Weak or Absent	Up	Flat	Flat	-0.89%
Aug 28	C	Weak or Absent	Up	Flat	Flat	-0.48%
Aug 27	C	Weak or Absent	Up	Flat	Flat	-0.62%
Aug 26	C	Weak or Absent	Up	Up	Up	-1.30%
Aug 23	C	Weak or Absent	Up	Flat	Flat	-0.48%
Aug 22	D	Weak or Absent	Up	Down	Down	0.35%
Aug 21	B	Weak or Absent	Up	Up	Up	-1.57%
Aug 20	C	Weak or Absent	Up	Up	Up	-1.44%
Aug 19	C	Weak or Absent	Up	Flat	Up	-0.76%
Aug 16	C	Weak or Absent	Up	Up	Up	-0.89%