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 16	D	Weak or Absent	N/A	Down	Down	-15.39%
Jan 13	D	Weak or Absent	N/A	Down	Down	-15.39%
Jan 10	D	Weak or Absent	N/A	Down	Down	-15.75%
Jan 6	D	Weak or Absent	N/A	Down	Down	-15.39%
Jan 5	A	Weak or Absent	N/A	Flat	Flat	-17.17%
Jan 3	B	Weak or Absent	N/A	Down	Down	-15.39%
Dec 22	C	Weak or Absent	N/A	Down	Down	-14.29%
Dec 21	C	Weak or Absent	N/A	Down	Down	-14.66%
Dec 20	A	Weak or Absent	N/A	Up	Flat	-19.04%
Dec 19	A	Weak or Absent	N/A	Up	Up	-21.15%