Trend Table for IBC - Ironbark Capital Limited

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 9	C	Weak or Absent	Down	Up	Up	7.18%
Aug 8	D	Weak or Absent	Down	Flat	Flat	8.36%
Aug 1	D	Weak or Absent	Down	Flat	Flat	8.36%
Jul 31	D	Weak or Absent	Down	Flat	Flat	8.36%
Jul 27	D	Weak or Absent	Down	Down	Down	9.52%
Jul 26	C	Weak or Absent	Down	Up	Up	7.18%
Jul 21	D	Weak or Absent	Down	Down	Up	8.36%
Jul 20	C	Weak or Absent	Down	Up	Up	7.18%
Jul 6	C	Weak or Absent	Down	Down	Flat	9.52%
Jul 5	C	Weak or Absent	Down	Down	Up	8.36%