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 5	A	Weak or Absent	Up	Flat	Down	6.12%
Aug 1	A	Weak or Absent	Up	Up	Up	2.61%
Jul 30	A	Weak or Absent	Up	Up	Up	4.80%
Jul 29	A	Weak or Absent	Up	Up	Up	4.80%
Jul 26	A	Weak or Absent	Up	Up	Flat	5.73%
Jul 24	A	Weak or Absent	Up	Up	Up	5.36%
Jul 23	A	Weak or Absent	Up	Up	Up	5.73%
Jul 22	C	Weak or Absent	Up	Down	Down	7.08%
Jul 19	B	Weak or Absent	Up	Flat	Flat	6.31%
Jul 18	B	Weak or Absent	Up	Up	Up	5.55%