Trend Table for ECF - Elanor Commercial Property Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 31	D	Weak or Absent	Down	Down	Flat	-18.05%
May 30	D	Weak or Absent	Down	Flat	Flat	-18.50%
May 29	F	Weak or Absent	Down	Down	Down	-17.09%
May 26	F	Weak or Absent	Down	Down	Down	-17.09%
May 25	F	Weak or Absent	Down	Down	Down	-17.09%
May 24	F	Weak or Absent	Down	Down	Down	-18.05%
May 23	F	Weak or Absent	Down	Down	Down	-18.05%
May 22	F	Weak or Absent	Down	Down	Down	-18.05%
May 19	F	Weak or Absent	Down	Down	Down	-18.05%
May 18	F	Weak or Absent	Down	Flat	Flat	-18.97%