Trend Table for CDO - Cadence Opportunities Fund Ltd

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 9	D	Weak or Absent	Down	Down	Up	14.14%
Jan 2	F	Weak or Absent	Down	Down	Down	18.20%
Dec 29	F	Weak or Absent	Down	Down	Down	21.32%
Dec 28	F	Weak or Absent	Down	Down	Down	15.22%
Dec 27	F	Weak or Absent	Down	Down	Down	14.86%
Dec 21	F	Weak or Absent	Down	Down	Down	13.79%
Dec 20	D	Weak or Absent	Down	Down	Flat	13.08%
Dec 18	D	Weak or Absent	Down	Down	Flat	13.08%
Dec 15	D	Weak or Absent	Down	Flat	Flat	12.40%
Dec 14	D	Weak or Absent	Down	Down	Down	14.50%