Trend Table for BEAR - BetaShares Australian Equities Bear Hedge Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	F	Weak or Absent	Down	Down	Flat	-9.38%
May 22	F	Weak or Absent	Down	Down	Flat	-9.38%
May 19	F	Weak or Absent	Down	Down	Down	-9.27%
May 18	D	Weak or Absent	Down	Flat	Flat	-10.02%
May 17	C	Weak or Absent	Down	Flat	Flat	-10.24%
May 16	F	Weak or Absent	Down	Flat	Flat	-9.81%
May 15	F	Weak or Absent	Down	Down	Flat	-9.49%
May 12	F	Weak or Absent	Down	Down	Flat	-9.59%
May 11	D	Weak or Absent	Down	Flat	Flat	-9.92%
May 10	D	Weak or Absent	Down	Flat	Flat	-9.81%