Trend Table for ADEF - Apostle Dundas Global Equity Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 24	A	Strong	Up	Up	Up	11.83%
Jan 23	A	Strong	Up	Up	Up	12.25%
Jan 22	A	Weak or Absent	Up	Up	Up	13.11%
Jan 19	A	Weak or Absent	Up	Up	Up	13.11%
Jan 18	A	Weak or Absent	Up	Up	Up	14.64%
Jan 17	A	Weak or Absent	Up	Up	Up	13.76%
Jan 16	A	Weak or Absent	Up	Up	Up	14.64%
Jan 11	A	Weak or Absent	Up	Up	Up	15.54%
Jan 9	A	Weak or Absent	Up	Up	Up	15.54%
Jan 8	B	Weak or Absent	Up	Up	Down	17.84%