Trend Table for CDO - Cadence Opportunities Fund Ltd

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 27	B	Weak or Absent	Up	Flat	Flat	3.98%
May 21	C	Weak or Absent	Flat	Flat	Down	4.59%
May 17	D	Weak or Absent	Flat	Flat	Down	4.59%
May 16	B	Weak or Absent	Up	Up	Down	3.37%
May 14	B	Weak or Absent	Flat	Up	Down	3.98%
May 13	B	Weak or Absent	Flat	Up	Down	3.98%
May 10	B	Weak or Absent	Up	Up	Down	2.77%
May 9	B	Strong	Up	Up	Down	2.18%
May 8	B	Strong	Up	Up	Down	2.47%
May 7	B	Strong	Flat	Up	Down	3.37%