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
Aug 18	A	Strong	Up	Up	Down	21.70%
Aug 17	A	Strong	Up	Up	Up	19.74%
Aug 16	A	Strong	Up	Up	Flat	20.47%
Aug 15	A	Strong	Up	Up	Up	19.98%
Aug 14	A	Strong	Up	Up	Flat	20.71%
Aug 11	A	Strong	Up	Up	Up	19.98%
Aug 9	A	Strong	Up	Up	Up	20.47%
Aug 7	A	Strong	Up	Up	Down	21.96%
Aug 4	A	Strong	Up	Up	Flat	21.70%
Aug 2	A	Strong	Up	Up	Up	19.74%