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 6	A	Strong	Up	Up	Flat	3.85%
Jun 5	A	Strong	Up	Flat	Flat	4.36%
Jun 4	A	Strong	Up	Flat	Flat	4.36%
Jun 3	A	Strong	Up	Up	Up	3.34%
May 31	A	Weak or Absent	Up	Flat	Flat	4.36%
May 30	A	Weak or Absent	Up	Up	Up	3.85%
May 29	A	Weak or Absent	Up	Flat	Flat	4.62%
May 27	A	Weak or Absent	Up	Flat	Flat	4.62%
May 24	A	Weak or Absent	Up	Up	Flat	4.11%
May 23	A	Weak or Absent	Up	Flat	Flat	4.36%