Trend Table for GCI - GRYPHON CAPITAL INCOME TRUST

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 26	B	Strong	Up	Flat	Up	19.16%
Jun 23	B	Strong	Flat	Down	Flat	19.80%
Jun 22	B	Strong	Flat	Down	Flat	19.80%
Jun 21	B	Strong	Flat	Flat	Flat	19.48%
Jun 20	C	Weak or Absent	Flat	Down	Flat	20.09%
Jun 19	B	Weak or Absent	Up	Flat	Flat	19.16%
Jun 16	C	Weak or Absent	Flat	Down	Down	20.42%
Jun 15	B	Weak or Absent	Flat	Down	Flat	19.80%
Jun 14	C	Weak or Absent	Flat	Down	Down	20.42%
Jun 13	C	Weak or Absent	Flat	Down	Down	20.42%