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
May 4	A	Strong	Up	Up	Flat	24.78%
May 3	A	Strong	Up	Up	Flat	25.84%
May 2	A	Strong	Up	Up	Up	24.52%
May 1	A	Strong	Up	Up	Up	24.00%
Apr 28	A	Strong	Up	Up	Up	24.78%
Apr 27	A	Strong	Up	Up	Flat	26.11%
Apr 26	A	Strong	Up	Up	Up	25.31%
Apr 24	A	Strong	Up	Up	Up	25.31%
Apr 21	A	Strong	Up	Up	Up	26.11%
Apr 20	A	Strong	Up	Up	Up	26.92%