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
Nov 14	B	Weak or Absent	Up	Up	Up	20.96%
Nov 13	A	Weak or Absent	Up	Up	Up	19.50%
Nov 9	A	Weak or Absent	Up	Up	Up	21.70%
Nov 8	B	Weak or Absent	Up	Down	Up	24.00%
Nov 7	B	Weak or Absent	Up	Down	Up	25.04%
Nov 6	B	Weak or Absent	Up	Down	Up	24.52%
Nov 3	B	Weak or Absent	Up	Down	Up	24.78%
Nov 1	B	Weak or Absent	Flat	Down	Down	26.92%
Oct 31	C	Weak or Absent	Down	Down	Down	28.01%
Oct 30	B	Weak or Absent	Up	Down	Flat	24.78%