Trend Table for IBC - Ironbark Capital Limited

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 31	B	Weak or Absent	Down	Up	Flat	7.18%
Aug 24	A	Weak or Absent	Up	Up	Up	3.84%
Aug 23	B	Weak or Absent	Down	Flat	Flat	8.36%
Aug 21	B	Weak or Absent	Down	Up	Up	7.18%
Aug 18	B	Weak or Absent	Down	Flat	Flat	8.36%
Aug 17	B	Weak or Absent	Down	Flat	Flat	8.36%
Aug 15	B	Weak or Absent	Down	Up	Up	7.18%
Aug 14	C	Weak or Absent	Down	Flat	Flat	8.36%
Aug 11	B	Weak or Absent	Down	Up	Up	7.18%
Aug 10	C	Weak or Absent	Down	Flat	Flat	8.36%