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
Jun 25	B	Weak or Absent	Up	Flat	Flat	5.84%
Jun 24	B	Weak or Absent	Up	Up	Up	5.09%
Jun 19	B	Weak or Absent	Up	Up	Up	5.09%
Jun 17	B	Weak or Absent	Up	Flat	Up	5.65%
Jun 13	B	Weak or Absent	Up	Flat	Flat	6.03%
Jun 11	B	Weak or Absent	Up	Up	Up	5.28%
Jun 7	B	Weak or Absent	Up	Flat	Up	5.46%
Jun 3	C	Weak or Absent	Up	Down	Down	6.99%
May 31	C	Weak or Absent	Up	Down	Down	7.76%
May 30	C	Weak or Absent	Up	Down	Down	7.76%